Ukraine's 2014 winter grains harvest is forecasted at 26.2 MMT, almost 1 MMT more than in 2013. The increase is expected as a result of the gain in average yield, which is made possible by the rains and the country's current favorable temperatures. Russian Grain Market Planting Update As of 2 June 2014, spring grain crops were planted on 29.3 million hectares (91.7 percent of the target). Included were 12.4 million hectares of spring wheat (94.9 percent), 8.3 million hectares of spring barley (94.8 percent) and 2.5 million hectares of spring corn (95.5 percent). Sunflower seed was planted on 6.7 million hectares (94.2 percent), spring rapeseed on 901,000 hectares (82.6 percent) and soybeans on 1.4 million hectares (80.6 percent) Market...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.