The EU's barley exports licenses for the current campaign total 3.3 MMT more than a year ago, which more or less corresponds to the increase in its imports (mainly French) to China. However, EU barley production is expected to drop by about 3.5 MMT this year because of several factors. Milling Wheat The Black Sea market is firmer in sympathy with the rally in CBOT and MATIF, although not to the same extent. Some operators are paying up in an effort to reduce short positions. Consumers in Europe and the major Mediterranean destinations are not really following the rally as they do not see strong enough fundamental support for such a significant price move. The weather in Ukraine and southern Russia remains generally favorable for the...
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.