Approximately 63 MMT of grain may be harvested in Ukraine for MY 2014/15, which would be one of the largest in the country's history. Grain and port warehouses there were holding a total of 4.632 MMT of grains and oilseeds as of 4 July, or 15 percent of total storage capacity. Russian Grain Markets Harvest Updates As of 7 July, grains were harvested on 2.7 million hectares (5.9 percent of the target) and 9.9 MMT were produced. Included were 6.1 MMT of wheat (3.78 MT/hectare), 2 MMT of barley (3.7 MT/hectare) and other grains. Market Trends: 30 June – 4 July 2014 Market prices for the 2013 grains decreased in all regions. The 2014 harvest grain prices were formed mainly in Russia's southern regions. GEOGRAPHICALLY: 3rd grade and...
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: 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...