Regional News Russia continues to build its troop presence on the border with Ukraine and has mobilized some 170,000 troops to the region. That is 70,000 more troops than were on the border during last year’s spring build-up. Presidents Putin and Biden are expected to talk Tuesday, but few expect the Russian president to back down on the increasing military presence near Ukraine. Ukraine’s 2021/22 grain exports total 26.08 MMT, up 17 percent YTD, including 14.6 MMT of wheat and 6.21 MMT of corn. Forecasts are for the country’s 2021/22 grain export program to reach 62.4 MMT, up 39 percent from the prior year. Russian wheat exports are down 17 percent YTD at 18 MMT, through 25 November. Milling Wh...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
Key Takeaways: The Panama Canal’s draft restrictions and decreasing rainfall outlook are driving big moves in dry bulk markets this week. Panamax markets are sharply lower as the economics of moving freight across the Canal are deteriorating rapidly, leading to support in Supramax vessels...
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.