Milling Wheat The Black Sea market was weaker last week in the absence of fresh demand. Consumers in the major destinations are more or less covered until the end of the current campaign. The new crop (August) Russian wheat offer is $30/MT below that of old crop (May). This big inverse gives consumers a strong incentive to hold minimum possible stocks at the junction between the two campaigns. Meanwhile, weather in southern Russia and Ukraine remains generally favorable for winter wheat development. The next rains there are expected to start next weekend. The market in Romania and Bulgaria is under pressure as farmers and local traders are liquidating the balance of their long positions. However, buying interests are difficult to find. T...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.