Russian Grain Markets: 31 May-4 June 2021 The Russian domestic grain market showed chaotic movement due to many factors both domestic and export oriented. Factors include bullish sentiments at the beginning of the season on the global market which is unusual, as well as RUB appreciation and the export duty introduction which makes it quite uncomfortable for traders to make the right decision. In other words, if you play long and export duty changes you can become a king or run out of business. You choose. The word “floating” for the export duty means total government control on the market. It was only introduced on 2 June and it will already change today! We may see Russia playing a similar game to Argentina on export duties f...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.