The EU's 2015/16 wheat ending stocks could reach a record 20 MMT compared with 2014/15's 13.5 MMT. The balance sheet suggests that the EU should use more feed wheat internally and import less corn. However, there is a reason why corn is much more attractive there. Milling Wheat The Black Sea market is slightly weaker due to the competition from France, Poland and the Baltic States.The EU allocated 371,000 MT of wheat export licenses last week, bringing the total to 6.8 MMT versus 9.8 MMT at the same time last year. At the current pace, it will probably export no more than 25 MMT this campaign against 32 MMT in 2014/15. The resulting ending stocks could reach a record 20 MMT, while they are normally close to 10 MMT. The ending stocks...
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.