Russian Grain and Oilseed Markets: 24-28 December 2012 Due to the holidays (31 December – 7 January), information on the Russian grain and oilseed markets is unavailable. Russia Harvested 70.7 MMT of Grain in 2012 According to the Federal State Statistics Service (Rosstat), Russia's total grain production in 2012 amounted to 70.7 MMT in clean weight compared to 94.2 MMT in 2011. The Ministry of Agriculture previously forecasted that the total grain harvest would exceed 75 MMT in bunker weight, or nearly 71 MMT in clean weight.Lab test results of soft wheat grain samples showed that the milling wheat grain volumes (first through fourth grades) increased by 4.6 percent compared to 2011, while the actual yield of soft wheat declined. Mas...
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.
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...