There are offers of Bulgarian, Romanian, Ukrainian and Russian wheat for April/May shipment at $207-216/MT FOB without close buying interests. There are also different opinions in the market regarding the state of Russia's crop and its size. Milling Wheat The Black Sea market remains very quiet in the absence of demand. There are offers of Bulgarian, Romanian, Ukrainian and Russian wheat for April/May shipment at $207-216/MT FOB without close buying interests. The weather in Russia and Ukraine has improved with rains in the forecast for the coming days. The average estimate for the Russian wheat crop is around 53-54 MMT compared with 59 MMT last year. Ukraine's crop is estimated at 20 MMT against last year's 23 MMT. Absent major weather p...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.