Russian Grain Markets: 12-18 June 2012 GRAINS AND PRODUCTS Planting and Harvesting Updates Wheat harvest forecasts are getting worse as the dry weather continues in Russia's southern Rostovskaya oblast. There has been no rain on 70 percent of the planted areas for two months now. The wheat has not grown taller than 20 centimeters and the 25,000 ha will be re-cultivated. Meanwhile, the drought gave grain producers in Stavropolskiy Krai no choice but to start their harvests two weeks earlier than normal. The average yield of wheat and barley is 1.96 MT/ha. As of 15 June, 4,700 ha of crops were harvested. Last year at the beginning of the harvesting season, agrarians in the region collected 4.3 MT/ha. Local officials forecasted a 30 perce...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.