Russian Grains Markets: 30 May – 3 June 2022 Russian markets remained bearish, however in certain geographical areas prices were stagnant where sellers are playing a wait and see game. Interestingly, in Siberia wheat depreciated dramatically. In the export market, better margins are attractive and recent tenders show that Russia is winning and winning with quite a high price. Specifically, GASC tender bought a new crop at $480/MT C&F. However, sellers are taking a risk as they have no idea what the export duty will be at the moment of export. In addition, local currency is quite strong which can hit the grain trader with a currency exchange fluctuation. Part of the margin can be in the difference between the ruble and the dollar...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.