The French market will be very volatile in the coming days/weeks under the influence of the reported yields and quality as the harvest progresses to the north. While French wheat is now much too expensive versus Black Sea origin, that could change in coming weeks if a certain condition is met. Milling Wheat The Black Sea market is slightly firmer as there are more buyers willing to cover short positions in view of the situation in France. The harvest in Russia and Ukraine is progressing under favorable weather conditions. The reported yields suggest that the Russian crop will be 67 MMT at minimum versus 61 MMT last year.The EU allocated 826,000 MT of wheat export licenses last week, bringing the current campaign total to 1.8 MMT versus 1...
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.