Milling Wheat The Black Sea market is on fire. The reported harvest yields are confirming expectations that they would be 15-20 percent lower than last year. Southern Russia received excessive rains last week in the middle of the harvest, which badly affected the wheat quality as there is a high percentage of sprouted grains in a significant part of the crop still in the field. Offers in the export market are difficult to find, and they are priced higher every day. The Egyptian GASC bought 420,000 MT of Russian, Ukrainian and Romanian wheat last week, paying about $236/MT CNF or $16/MT more than it did two weeks earlier. It booked seven of the tender’s nine offers. Algeria is in the market for optional origin wheat for October deli...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.