Regional News Russia has shipped two vessels of wheat to Somalia and Burkina Faso as part of the country’s promise to send free grain to Africa. China purchased 66 KMT of feed corn from Ukraine at $248/MT C&F for December shipment. Through 24 November, Ukraine has exported 12.541 MMT of grain in MY 2023/24, down from 16.9 MMT shipped in the prior year. Of that, wheat exports account for 5.68 MMT, corn for 5.865 MMT, and barely for 0.867 MMT. Ukraine’s Prime Minister Denys Shmyhal said early Monday that Russia has stolen over $1 billion worth of grain from the occupied territories of Ukraine. The Prime Minister noted Russia “devised technical measures to seize 12,000 MT of grain daily.”...
What You Need to Know Today: End-of-month profit taking sent the CBOT broadly lower, though corn and soybeans managed to post small gains to continue their rallies. Turkey’s foreign ministry claimed to have a plan to ensure safe passage for both Ukrainian and Russian grain vessels via th...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...
Key Takeaways: Corn and soybean prices rallied sharply last week as declining U.S. production expectations collided with strong demand, raising the prospect of tighter supplies and leaving the market with a smaller margin for further yield losses. The USDA’s lower August yield estimates...
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.