Russian Grain Markets: August–2 September 2022 Grain markets were volatile. While global markets remain bullish, Russian traders are still speculating and expecting a bigger bear. This, of course, is possible at the early stage of the game and especially with a forecast for a record crop. It seems that bottom price levels of the new season are nearby. Export trading in domestic currency is bullish primarily thanks to export duty softening. Export duties depend a lot on RUB behavior. If the RUB remains stable and strong, export duties may further decline. The domestic market remained quite volatile. It is clear now that high quality milling wheat is in short supply and near-term prices may recover for this commodity. The record wheat...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.