Milling Wheat The weather in Eastern Europe is favorable for the development of winter wheat. After the recent rains in Ukraine and southern Russia, the market has been expecting a 35 percent increase in the size of the crop. Despite this optimism, weather risks should not be underestimated -- especially in northern Russia's spring wheat regions, where planting has just been completed. However, a repetition of last year's weather-related disaster definitely can be excluded. If all goes well, the Ukrainian wheat crop could exceed 20 MMT and the resulting surplus could be about 8.5 MMT, about 2 MMT larger than the surplus in the current campaign. If current projections of 53-55 MMT of Russian wheat production are accurate, exports in 2013/...
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.