The EU's barley exports licenses for the current campaign total 3.3 MMT more than a year ago, which more or less corresponds to the increase in its imports (mainly French) to China. However, EU barley production is expected to drop by about 3.5 MMT this year because of several factors. Milling Wheat The Black Sea market is firmer in sympathy with the rally in CBOT and MATIF, although not to the same extent. Some operators are paying up in an effort to reduce short positions. Consumers in Europe and the major Mediterranean destinations are not really following the rally as they do not see strong enough fundamental support for such a significant price move. The weather in Ukraine and southern Russia remains generally favorable for the...
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.