Russian Grain Markets: 21 – 25 April 2025 Crop Outlook 2025 The spring planting campaign in Russia is in full swing. Fifty-six regions of Russia are reportedly planting spring crops, and this season is showing much better speed than last year. To date, around 10.5 million hectares (Mha) are already planted, up 1.3 Mha from last year. Particularly, spring grains were planted over 6.3 Mha versus 4.8 Mha a year ago this time. Spring wheat is planted over 1.7 Mha, spring barley – 2.3 Mha, corn – 600,000 ha, and rice 14,100 ha. Oilseeds planting is also underway; to date around 2.2 Mha of oilseeds is planted. The Ministry of Agriculture forecasts this year’s spring planting acreage at around 84 Mha which is up around 1 Mh...
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
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.