Whether the search for a suitable risk management tool for Black Sea wheat will ever exist is unclear, though the competition to create such an instrument is increasing. In the important world of grain and oilseed exports, wheat exports are by far the largest measured by volume. Global wheat exports exceed those of corn by more than 30 MMT, and that is if it is a good year for corn trade. The U.S. once the dominated the world’s wheat export market, routinely capturing more than 40 percent of the annual volume. Of course, that is no longer the case. In the last 20 years, other countries have become major wheat exporters. In the 2016/17 wheat marketing year, more than 85 percent of world wheat exports will be shipped from otuside the U.S...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.