Milling Wheat The Black Sea wheat market is under pressure as the harvest is progressing and demand remains slow. Russian/Ukrainian wheat is the most competitive for Mediterranean destinations, but the discount against French wheat and U.S. SRW wheat is smaller than usual at this time of the year.Jordan, Syria and Tunisia are in the market this week for a total of about 500,000 MT. Egypt remains quiet, and there are no signs that the GASC will purchase any wheat in the coming weeks. The private sector is also absent because of restricted access to hard currencies.The EU allocated 192,000 MT of wheat export licenses, bringing the final total for the 2012/13 campaign to 18.75 MMT.The harvest has begun in Romania and Bulgaria, where the wea...
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.