The adverse weather in Bulgaria, Romania and Serbia is delaying the corn harvest with about 30 percent left to be completed. Additionally, the domestic logistics are extremely complicated as almost all corn in the region needs to be dried. Milling Wheat The Black Sea market remains well supported even without many trades reported last week. The wheat market is closely following the tension in eastern Ukraine and persistent drought in southern Russia. Some analysts are forecasting Russia's wheat crop next year at below 50 MMT or approximately 20 percent less than 2014. It's definitely too early to make dramatic scenarios for the next Russian crop, but the difficult start with crop development will make the market more nervous about the win...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.