Russia's annual report covering food safety has noted that measures taken by the government to stabilize the situation in agriculture will result in general growth of agricultural production despite the external fiscal factors influencing the country's domestic economy and causing RUB fluctuations.Due to the May holidays, market information was limited and there was little change. Russian Grain Markets Planting Updates As of 4 May 2014, spring grain crops were planted on 9.5 million hectares (29.7 percent of the target). This included 1.3 million hectares of spring wheat (10.1 percent), 4.6 million hectares of spring barley (52.8 percent) and 1.5 million hectares of spring corn (57.7 percent).Sunflower seed was planted on 2.3 million hec...
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...