Milling Wheat European wheat prices are lower to start the week with French and German prices under pressure as Egypt recently passed on French wheat offers. The latest data also suggests France’s wheat crop holds favorable conditions, with 85 percent rated in good/very good condition. That rating was published before last week’s massive heat wave across the country, which will likely curtail some of the crop’s condition ratings. Black Sea prices are slightly higher this week after Russian officials announced the country’s zero-export tariff would be extended through July 2021. The policy was originally set to expire today. Despite hot/dry weather earlier in the wheat growing season, the Black Sea crop remains in g...
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.
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...