The forecast for Russia's 2014 grain production has been lowered as a result of unfavorable weather conditions in areas of the country that have impacted the harvesting process and reduced the yields of some crops. Domestic prices also increased in almost all regions. Russian Grain Markets Harvest Update According to the Russian Ministry of Agriculture, 106.2 MMT of grains and leguminous crops were harvested on 42.4 million hectares (93.8 percent of the target) as of 21 October. Included were 60.9 MMT of wheat (2.63 MT/hectare), 20.9 MMT of barley (2.36 MT/hectare) and 8.8 MMT of corn (4.56 MT/hectare). There were also 7.7 MMT of sunflower seed produced from 5.3 million hectares (1.45 MT/hectare), 1.9 MMT of soybeans from 1.4 million hec...
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...
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.