EU wheat has to find more export demand urgently, which means that French, German and Baltic stocks must become more competitive against those of Russia and Ukraine. Milling Wheat The Black Sea market remained about unchanged last week. The rains expected in the coming days over Ukraine should bring some relief to the concerns regarding the persisting drought. More than 50 percent of the planted wheat there is reported to be in poor condition and vulnerable to a sudden frost. The weaker Russian ruble against the U.S. dollar (66 RUB = 1 USD) has little to no effect on the farmers’ selling pace, which remains slow but normal for the season.The EU allocated 401,000 MT wheat export licenses last week, bringing the total to 7.5 MMT versu...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.