Russian Agriculture Minister Aleksandr Tkachov has forecast the country’s MY 2016/17 grain exports at about 37 MMT, a drop from the ministry’s previous forecasts of 40 MMT that is attributed to a recent development. He also noted that there is a surplus of one particular grade of wheat. Russian Grain Markets Market Trends: 20-24 February 2017 Prices dropped insignificantly, although they showed an increase in USD expression due to strengthening of the ruble. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew slightly in Central and Black Soil (+$0.20/MT) but were stable in the South. Meanwhile, they decreased in Volga Valley (-$1.20/MT) as well as Ural and Siberia (-$0.30/MT).4th grade soft milling wheat prices were stable i...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...