Regional News Russia plans to bring an additional 6 million hectares (Mha) of land into agricultural production by 2024, per the country’s ag ministry. The country noted that an estimated 9.6 Mha of arable land is still undeveloped, and two-thirds of that will likely enter production in the next four years as Russia expands oilseed production. Ukraine’s 2020/21 wheat exports total 9.6 MMT as of 19 October, accounting for 55 percent of the 17.5 MMT export quota set by the country’s ag and trade ministries. France’s September wheat exports were the lowest in 11 years, according to recent government data. Through 13 October, Ukraine’s State Statistics Service has reported the following...
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.