Bulgaria is headed toward record crops this year with wheat output more than doubling since joining the EU. However, the overall record for countries joining the bloc back in the 1990’s is more of a mixed bag when it comes to wheat. Neither the area harvested, nor yields have changed that much. These predominantly eastern European capitals may explain the lag is due to CAP payments not being harmonized, or that overall wheat production is favored agronomically in the western member states. Indeed, specialization should find that other agricultural products have flourished more than wheat under the stable economic climate provided by the single market. It is too early to tell for the newer and much smaller countries that have jo...
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.