Ukraine's 2014 grain production is expected to total 58.5 MMT, 7 percent less than in 2013. This includes 21 MMT of wheat, 7.9 MMT of barley and 27.8 MMT of corn. Domestic consumption of grains in MY 2014/15 is forecast to reach 27.3 MMT. Russian Grain Markets Harvest Update Russia's Ministry of Agriculture reported that 83 MMT of grain were harvested from 30.8 million hectares (66.1 percent of the target) as of 9 September. Included were 51.1 MMT of wheat (3.05 MT/hectare), 18.7 MMT of barley (1.33 MT/hectare), and 1.7 MMT of corn (5.15 MT/hectare). 953,900 MT of rapeseed were harvested from 576,200 hectares (1.66 MT/hectare), and 1.5 MMT of sunflower seed were harvested from 718,800 hectares (2.28 MT/hectare). Market Trends: 1-5 Septe...
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: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...