Russia has exported 22.7 MMT of grains as of 28 January and from the beginning of MY 2014/15, 31 percent more than during the same period in MY 2013/14. This growth may be attributable to an increase in shipments prior to enactment of the new wheat export tax on 1 February. Russian Grain Markets Market Trends: 26-30 January 2015 During the week in review, wheat prices moved in different directions as prices for other grain crops increased (in RUB expression). On 1 February, the export duty for wheat went into effect. GEOGRAPHICALLY: 3rd grade soft milling wheat prices increased in Central and Black Soil (+$0.70-1.20/MT), Volga Valley (+$3.20/MT), and Ural and Siberia (+$8.20-9/MT). However, they continued to decrease in the South (-$2/...
What You Need to Know Today: Oil prices surged today following reports of tanker attacks off the coast of Saudi Arabia by Houthi rebels and renewed U.S. threats to escalate military strikes against Iran, heightening concerns over potential disruptions to Middle East energy supplies. Brent crud...
Key Takeaways: The latest UN data shows solid progress reducing global hunger and food insecurity. The geography of hunger-affected people has shifted substantially, however, and Africa is now the most affected region. To understand why hunger patterns have shifted and what policy option...
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.