Russian Grain Markets: 19 - 23 December 2022 Russian Ministry of Agriculture announced a record year-end grain production of 159.5 MMT in bunker weight which is up 32.6 MMT from 2021. The Ministry forecasts the final grain production number after dockage at 150 MMT with wheat production at 100 MMT. Corn production is estimated at 13.9 MMT which is down from 16.1 MMT in 2021. Some corn harvesting may be delayed until spring or late winter. During the last week of 2022, Russian grain markets remained stable because of low trading activity at the year’s end. Traditionally, Russian Orthodox Christmas is on 7 January and most companies are taking a Christmas break during the first ten days in January. The trend is unm...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.