Ukraine Firms Denies China Land Purchase Article A news report out of China this week indicated that a Chinese firm, Xinjiang Production and Construction Corporation, had agreed to a joint venture with Ukraine's KSG Agro to buy or lease 3 million hectares on Ukrainian farmland over a 50-year period. The report said the land would be used to produce crops and to raise pigs with the initial amount of land involved to be 100,000 hectares. It was suggested that all of the production from the land would be destined for China.Since that report first appeared, the Ukrainian firm has denied the account and said the amount of land involved in the deal would be far less than had been cited. KSG Agro maintained that it had no authority or plans t...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.