Russian Grain Market: October 2-6, 2023 Bearish sentiments prevailed as the market became volatile from a variety of factors. On the one hand, there are ample stocks, high export duties, and low export prices. On the other the global market should be reaching its bottom and soon begin recovering. What makes it more complicated to grain trading margins is the behavior of the Russian currency, which can play into the hand of the exporter during origination but then turn around and sting as export duties are now calculated in RUB and they are charged in RUB. So far, RUB was mostly bearish but forex can make or break a transaction if one is not careful. The Asian region where trading with Kazakhstan resumed and remains bullish. Siberian whe...
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.