Market experts indicate that 26 percent of the total 2014 Ukrainian wheat harvest is of milling quality. In addition, approximately 36 percent of the milling wheat delivered to processing enterprises has less than 20 percent gluten. Russian Grain Markets Harvest Update Russia's Ministry of Agriculture announced that 104.1 MMT of grains and leguminous crops were harvested on 41.7 million hectares (92.4 percent of the target) as of 14 October. Included were 60.4 MMT of wheat (2.64 MT/hectare), 20.8 MMT of barley (2.36 MT/hectare) and 7.6 MMT of corn (4.59 MT/hectare). There were also 7.2 MMT of sunflower seed produced from 4.9 million hectares (1.47 MT/hectare) and 1.6 MMT of soybeans from 1.2 million hectares (1.34 MT/hectare). Market T...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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.