World Perspectives
wheat

Russia’s Wheat Situation

Egypt was reportedly negotiating with Russia on a purchase of 1 MMT of wheat but has now gone to an international tender. Meanwhile, Tunisia tendered for 100 KMT of there were no offers from Russian trading houses. The trade believes Moscow has put a brake on wheat exports through an unofficial minimum price to reduce domestic flour prices.  Domestic prices in Russia have been inflating at double digits, no doubt pressured by the impacts of the war and various sanctions by the West. However, Russia has also been exporting a higher percentage of its wheat crop. The pace this year is for over half the wheat crop to be exported, and this is true whether using Russia’s production number of 91 MMT, or USDA’s lower forecast of 8...

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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.

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