Russian Grain Markets: 23-27 May 2022 Russian weather forecasting center chief Roman Wilfand is predicting a good grains and oilseeds crop this season. Cool temperatures in May are not critical as long as there is sufficient moisture in the soil. This season temperatures were mild and there were no major temperature jumps which harm the crop traditionally. The Minister of Agriculture Dmitriy Patrushev believes the 2022 grain crop may beat the that of 2021 and reach 130 MMT of which 87 MMT will be wheat. Local grain analysts believe production can be as high as 86 MMT. However, if during the next couple of months there is sufficient rainfall, the wheat crop may hit a record 88 MMT, thus bringing grain production in Russia to a long dreamt...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
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...
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.