Russian Grain Markets: 8 – 12 May 2023 Russia’s grain markets remained bearish with the volume of trade miniscule because of traditional May holidays in Russia. A parade in Moscow was held irrespective of the weather or geopolitical situation giving the Russian people another day off except for the military which continues their aggression on the Ukrainian front. Russia tried negotiating a better grain corridor deal. The grain corridor will most likely be extended for another 60 days even though Russia is threatening to terminate it at any point if their demands are not met. Such behavior on the Russian side from time to time makes the global grain market nervous especially the milling wheat market. This is not...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
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.