Russian Grain Markets: 4 – 8 November 2024We have heard the voices from various sources forecasting a new grain crop in Russia and most of them differ in numbers. We will have to deal with terminology like bunker weight (straight from the combine) and standard weight (cleaned and dried accepted by the storage facility,) and geopolitical terms like “new regions”, occupied territories, and Crimea. Some include both and some include only certain territories.Russian Grain Union (RGU) downgraded the grain crop in standard weight not bunker weight to 126 MMT, reporting that 98 percent of the crop has been harvested. RGU forecasts export potential of Russia at 56 MMT of which 45 MMT is wheat. As of 1 November, Russia already exported 25.1 MMT whic...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.