Russia Expects to Double Soybean Production by 2023 Russia’s Ministry of Agriculture predicts soybean production there will double from 4 MMT in 2018 to 8 MMT in 2023, which compares with only 2 MMT five years ago. The country wants to expand domestic production to reduce imports and boost exports of both soybeans and soy products.Soybeans are grown in the eastern part of the country as well as the Far East. A large share of those produced in the Far East are exported to China. Brazil’s Likely Next President Worrying China When China imposed an additional 25 percent tariff on U.S. soybeans, the government clearly determined that it could obtain most of the soybeans it needed from Brazil and Argentina. China has...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.