Milling Wheat The Black Sea market remained about unchanged last week. The Ukrainian and Russian harvest is proceeding in favorable weather conditions. The reported export market trade volume was rather limited. The buyers/consumers in the major importing countries are buying at a slow pace as they see different origins of wheat competing at the same price levels.The EU allocated 367,000 MT of wheat export licenses last week and brought the accumulated total to 1.96 MMT since the start of the campaign.The Egyptian GASC purchased 60,000 MT of Romanian wheat at $251.35/MT and 60,000 MT of Ukrainian wheat at $250.50/MT. The GASC has already purchased 580,000 MT of Romanian wheat since the start of the new campaign.The Bulgarian and Romani...
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.