Milling Wheat The Black Sea market remained unchanged last week. Prices have been stable since July. Exporters are not pressing the market too aggressively as the Black Sea wheat is attractive enough versus other origins, and there is no threat of any kind of export restrictions this year. There are reports of quality problems in Russia. The share of milling wheat versus feed wheat in Ukraine seems to be higher than expected. It became very difficult to find offers for feed wheat.Egypt's GASC purchased a total of 235,000 MT of wheat last Tuesday. It bought 60,000 MT of Romanian at $254.88/MT, 60,000 MT of Russian at $254.50/MT and 115,000 MT of Ukrainian at $251.66/MT and $251.88/MT. The cheapest offer for French wheat was $257.80/MT...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
Markets are getting into the Halloween spirit, handing out more tricks than treats. There has been some encouraging news, but it hasn’t been enough to slow the broader slide. Now buyers need to show up with something other than another “Charlie Brown” rock for the bag. Somethi...
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.