Milling Wheat Domestic prices in Russia were stable except for the $4/MT increase in the southern region, which is close to the Black Sea and Azov Sea ports, as the surplus there has been reduced significantly. Exporters are now forced to cover their commitments from sources located far from the ports. The transportation takes longer, and there is a deficit of railcars. As a result, this logistical bottleneck may cause the export pace to slow in coming months. Brussels reported that only 126,000 MT were exported last week, bringing the cumulative total to 14.3 MMT versus 18.6 MMT at the same time last year. At that pace and with current prices, the EU will probably only export close to 20 MMT compared with 24.1 MMT the previous year. Endi...
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.