Wheat and corn prices changed only modestly, but soymeal and soybean prices were sharply higher with the strong meal market leading the way. General Comments To no one's great surprise, the Ukrainian ceasefire agreement reached at last week's meeting in Minsk lasted less than 24 hours. Rebels attacked government forces in the rail hub of Debaltseve as well as ignoring other provisions of the agreement. The apparent unwillingness of the West to support the Ukrainian government with more than rhetoric and a little money may have convinced Russia's Putin that he has little to fear if the Russian-supported rebels ignore the truce and press ahead.Outside markets were mixed. The U.S. Dollar Index closed slightly lower. The Greek/eurozone crisis...
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: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...