Regional News Once again, the biggest driver of market activity in the Black Sea and European markets is the impact of Russia’s various export tariff rate quotas (TRQs). Last week, the Russian government confirmed that wheat export from 15 February - 30 June would face a €25/MT tariff on exports under 17.5 MMT and the greater of €100/MT or 50 percent of the export value. Subsequently, Russia announced export restrictions on sunflower seeds and oil and, on Saturday, said it was considering export tariffs for soybeans and scrap metal. The Russian subcommittee on customs, tariff and non-tariff regulations proposed an export tariff of 30 percent but not less than €165/MT starting 1 February 2021. The duty woul...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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.