Russian Grain Markets: 28 March-1 April 2022 Last week the domestic market went bearish. Prices for staple grains plummeted to relatively traditional levels after recent historic highs. Bearish trends effected all types of wheat and peas. While barley and corn remained quite volatile, the trend was bearish already, or on its way to being bearish. There are several factors involved. One, the global bearish trends and official strengthening of the Russian ruble and, last but not the least, the increased export duty. The only way for Russia to strengthen their local currency is to rewrite natural gas supply contracts with the EU so that the latter would start paying in rubles thus forcing them to buy rubles. This is still questionable, but w...
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...
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.