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...
What You Need to Know Today: The Brazilian real surged to start the week after a surprise election result in which right-wing Flavio Bolsonaro won the first round of the election. The swing in the U.S. dollar/Brazilian real (USD/BRL) exchange rate caused soybeans to jump sharply higher in earl...
Key Takeaways: Harvest pressure is fundamentally a timing issue: supply arrives much faster than demand can adjust, creating temporary weakness that can occur across crops and regions. The intensity of that pressure depends less on crop size alone than on how quickly grain moves into the syste...
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...
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.