Regional News The biggest trends in the EU/Black Sea wheat markets this week are the fact that the Russian crop continues to grow while EU crop forecasts are being continually lowered. Russian wheat yields are defying their typical pattern of decreasing as harvest progresses. This year, each passing week brings with it an increase in the national yield forecast and, consequently, higher total production figures as well. Conversely, the final stages of the EU harvest have been disappointing and confirmed a much smaller crop. One firm pegged the French wheat crop at a 25-year low. SovEcon forecasts Russia’s wheat and corn exports at 36.4 MMT and 4 MMT, respectively, for the coming July 2020-June 2021 crop year. The wheat c...
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.