Milling Wheat The Russian wheat offer at the market remains unchanged from last week, but there were no reported trades or close buying interests.Egypt's GASC purchased 180,000 MT of French wheat and 60,000 MT of Romanian wheat. It paid between $303.82-305.61 for the French and $299.74 for the Romanian on a CNF basis. It was the first time since the start of the 2013/14 campaign that the GASC purchased French wheat. There was just one offer for Russian wheat at $291.87 FOB, or equivalent to $307 CNF.Lebanon bought 20,000 MT of Romanian wheat at $317.70 CNF. The lowest offer for Russian wheat was about $4 higher.The EU allocated 612,000 MT of wheat export licenses last week, bringing the total to 10 MMT versus 6.4 MMT allocated at the s...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
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...