The Russian government is considering a possible extension of the wheat export tax beyond 30 June. If the tax is maintained through the 2015/16 campaign, it would bring a significant impact to the state budget as well as strong reactions from the WTO and other international institutions. Milling Wheat The Black Sea market remained mostly unchanged last week. Weather conditions in southern Russia have improved with the arrival of some good rains after an extended period without any precipitation. The Russian government is considering a possible extension of the wheat export tax beyond 30 June. If the tax is maintained through the 2015/16 campaign, it would bring significant revenue to the state budget. However, such action would be severel...
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.