The spread between feed wheat and corn in the EU has narrowed significantly during the last few days, mainly due to the sharp rally of the USD versus the euro. If this trend continues, the Spanish feed compounders will make a change. Milling Wheat The Black Sea market is firmer due to slow farmer selling and weather concerns in relation to the planting of next year’s crop. The persistent drought in southern Russia and Ukraine over the past few months has resulted in poor conditions for the wheat before the start of winter. Some rains over the most recent days in Russia have brought some slight improvement, but the situation remains critical in Ukraine. The market will closely monitor the region’s weather developments in the coming weeks.T...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.