Regional News Ukrainian President Zelenskiy called on the international community to end the Russian blockade of Ukraine’s export ports to avoid “a food crisis in the world caused by Russia’s aggressive actions.” President Zelenskiy’s request is at odds with the general consensus in the West, and especially NATO, that direct confrontation with Russia could trigger a broader war. Ukraine has lifted its export ban on millet and sugar. Turkey imported 71 KMT of sunflower seed oil in March, nearly all (70 KMT) of which was sourced from Russia. Before the Russia-Ukraine conflict, Turkey imported 12 KMT of sunflower oil from Ukraine in February. Despite currently positive and above-average...
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.
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...