While Russia's wheat exports plummeted from 1 February-13 May 2015 compared with the same period in 2014, its MInistry of Agriculture announced that a new formula for calculating the wheat export tax, which was recently canceled, will be introduced on 1 July. Russian Grain Markets Planting Update Spring crops were planted on 28.6 million hectares (55.2 percent of the target) as of 18 May 2015 and included grain crops on 17.1 million hectares. Spring wheat was planted on 5.1 million hectares (38.5 percent of the target), spring barley on 5.9 million hectares (72.2 percent of the target) and corn on 2.2 million hectares (77.2 percent of the target). Sunflowers were planted on 4.4 million hectares (66.9 percent of the target), spring rapese...
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.