The Black Sea market remained about unchanged last week. Demand is difficult to find, and there are several other competitive origins. Meanwhile, Ukrainian exporters are concerned about the new VAT regulation that is not helping liquidity in the FOB market. Milling Wheat The Black Sea market remained about unchanged last week. Demand is difficult to find, and there are several other competitive origins (France, Germany, Poland, Argentina). According to the Russian Ag Ministry’s latest statement, the wheat export tax will not be amended in the near future. The Russian ruble was firmer last week (from 78 to 76 rubles per $1), which didn’t improve the farmer selling. Meanwhile, Ukrainian exporters are concerned about the new VAT regulation 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.