Milling Wheat Some limited offers for Ukrainian and Russian wheat can still be found for December/January, but buyers are very reluctant because of the risks involved. The Ukrainian government still has not implemented an official export ban, but it is "advising" exporters to stop exporting wheat.The EU allocated 712,000 MT of wheat export licenses this week, bringing the total to 8 MMT versus 6.6 MMT allocated at the same time last year.The market in Romania and Bulgaria has been more active lately due to the shrinking liquidity in Ukraine and Russia. Egypt bought a cargo of Romanian wheat. Several cargoes of Bulgarian wheat have been shipped to the UAE (Dubai). As domestic prices are rising, the farmers are selling scale-up in order to...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.