The Black Sea wheat market remains firm due to the region's political tension, and there are no offers in Ukraine. Milling Wheat The Black Sea wheat market remains firm due to the region's political tension, and there are no offers in Ukraine. Russian wheat is offered at about $5/MT more than last week. Ukraine's export program doesn't appear to be compromised. The existing contracts are being honored, and no defaults have been reported in the market at this time.The EU allocated 563,000 MT of wheat export licenses this week, bringing the total to 20.7 MMT. This is about 7 MMT more than at the same date last year. At the current pace, EU wheat exports will exceed 25 MMT by the end of April, which will seriously tighten the EU wheat balan...
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.