Russian Grain Markets: 9–13 October 2023 After weeks and weeks of bearish sentiments the market is finally coming to relative stability because farmers can afford to sit on their stocks, and most of the multinational trades are not currently doing business in Russia. Local old and new oligarch fed grain trading businesses are not prepared to pay a better price, believing that they have a monopoly in many different regions of the country and monopolized some river and sea trade as well. This trend is continuing as those multinational companies which left Russia are being replaced by Russian “partners”. Russian traders are complaining about cheap grain from Ukraine which is true as farmers in Ukraine have little choi...
What You Need to Know Today: End-of-month profit taking sent the CBOT broadly lower, though corn and soybeans managed to post small gains to continue their rallies. Turkey’s foreign ministry claimed to have a plan to ensure safe passage for both Ukrainian and Russian grain vessels via th...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...
Key Takeaways: Corn and soybean prices rallied sharply last week as declining U.S. production expectations collided with strong demand, raising the prospect of tighter supplies and leaving the market with a smaller margin for further yield losses. The USDA’s lower August yield estimates...
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.