Russian Grain Markets: 4–8 September 2023 Russian grain markets remained bearish, however, export volumes of all agricultural commodities from Russia remained stable. Russia has no navigation restrictions across the Black Sea. Going through Bosporus or any other channel, Russia can load Panamax vessels and handy size vessels. The focus now is expanding export markets to Asia, Far East, and Middle East, especially where Ukraine has been losing weight due to the Russian invasion and blocking Black Sea ports. With or without the Black Sea Grain Initiative (BSGI), Russia continues export business as usual. The most recent negotiations between Erdogan and Putin did not bring any results regarding restarting BSGI. Russia wants to be...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
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...
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.