Approximately 15 percent of Bulgaria's intended wheat acreage could not be planted due to excessive rains, and the 2015 crop will be 4 MMT at best (versus 4.9 MMT in 2014) without any additional weather problems until the harvest. Milling Wheat The Black Sea market is about $5 weaker versus a week ago due to the absence of buying interest. Consumers in Africa and the Middle East, the major destinations, seem to be well covered for the next two months. Russian wheat sellers are asking very high carries for February and March, which consumers are unwilling to pay. The weather in Russia and Ukraine is generally favorable for the winter wheat with a slight increase in precipitation since last week. However, the wheat is still vulnerable...
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...
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.