Regional News Sweden’s 2023/24 grain production is expected to total just 4.4 - 4.5 MMT, down 1 MMT from 2022/23 and the lowest level in 30 years. As of Friday, 27 October there were 27 vessels at the entrance to Ukraine’s temporary Black Sea shipping corridor and 54 at the exit with operations having resumed after a short-lived shutdown early last week. Milling Wheat World wheat markets were mostly steady/lower last week with the resumption in export shipments from Ukraine pressuring values. EU wheat was down about €7/MT last week while U.S. markets followed and posted losses for the week. U.S. KCBT futures scored new contract lows on light demand for the grain. EU markets saw export interest fr...
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.