The wheat market in Romania and Bulgaria remains very quiet as farmers are not selling at current market prices. They are still holding a large volume of stocks in the hope of higher prices later in the campaign. Meanwhile, there has been a change in the planting situation. Milling Wheat The Black Sea market is slightly firmer, and Russia’s domestic market prices are higher as a result of the strengthened ruble and slow farmer selling.The EU allocated 423,000 MT of wheat export licenses last week, bringing the total to 6.8 MMT versus 5.8 MMT at the same time last year.The market in Romania and Bulgaria remains very quiet as farmers are not selling at current market prices. They are still holding a large volume of wheat in the hope of high...
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.