Regional News Four regions in Russia’s Siberia have declared states of emergency due to heavy rains and flooding. Milling Wheat Wheat markets were higher last week with U.S. futures rising about $5/MT while the Paris market added €1.25/MT for the week. Markets remain concerned about dryness in Ukraine and Russia and, to a lesser extent, the U.S. Plains and Canada. Wheat demand in the U.S. is picking up with last week’s Export Sales numbers showing marketing-year high shipments. While the U.S. is seeing positive export demand signals, the EU markets are not, which was a major factor why Matif futures didn’t rally further last week. EU wheat demand continues to see strong competition and pressure from Rus...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
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.