Russia is reported to have exported 24.104 MMT of grain as of 21 May 2014 and from the beginning of MY 2013/14. However, a Rusagrotrans official expects June's volume to decrease sharply as it may not be possible for traders to purchase the necessary quantities at reasonable prices. Russian Grain Market Planting Updates As of 27 May 2014, spring grain crops were planted on 26.5 million hectares (80.1 percent of the target). Included were 10.8 million hectares of spring wheat (82.5 percent), 7.8 million hectares of spring barley (88.7 percent) and 2.5 million hectares of spring corn (95.5 percent). Sunflower seed was planted on 6.4 million hectares (90.6 percent), spring rapeseed on 814,700 hectares (74.7 percent) and soybeans on 1.2 mill...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
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.