Russian Grain Markets: 9-13 April 2012 GRAINS AND PRODUCTS Planting Updates Delayed spring and cool weather has hampered the planting progress in Russia, and in certain areas planting is lagging 50 percent behind the past year's indicators. The Ministry of Agriculture reported that the spring planting campaign this year will cover 50.8 million ha, of which small grains will cover 30.3 million ha. According to the Prime Minister Putin, planting area this spring is most likely to increase but the window for planting is very short.Kazakhstan also started spring planting, and as of 17 April spring grains planting was complete on 53 percent of the total area and oilseeds over 35 percent. Perennial grasses cover over 81 percent. The overall...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.