Regional Updates Russia’s Ag Ministry approved an export quota of 7 MMT for all grains through June 2020. The move is to “help ensure stability” of domestic grain and grain-product markets. The move comes amid coronavirus panic buying in international wheat markets and also after Russian flour millers complained that wheat prices, due to a strong export pace, were high enough to create large, negative milling margins. In a similar move, Russia has suspended the export of sunseed and soybean exports through the end of June 2020 to help stabilize prices and domestic markets for these products. Russia has also announced it would start to sell some of its state wheat reserves in response to surging flour prices...
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.