Russian Grain Markets: 19-23 November 2012 Export Update Russia has exported 11.38 MMT of grains since 1 July 2012, according to the Russian Ministry of Agriculture. During 1-21 November, Russia shipped 1.055 MMT of grains for export, including 670,000 MT of wheat, 189,000 MT of barley, 154,000 MT of corn and 42,000 MT of other crops. Russia's export potential in the current year totals 15.5 MMT. The Ministry estimates total grain production at 71 MMT, down from 94.2 MMT in 2011.Russia exported 25,600 MT of sunflower oil in September (versus 86,000 MT in August 2012 and 24,300 MT in September 2011). The major importing countries were Uzbekistan, Turkey and Italy. Grain Market Interventions The intervention fund put up 64,869 MT of gra...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.