Milling Wheat The Black Sea market is slightly weaker than last week. The weather in Ukraine and southern Russia may not be as good as a year ago, but a large portion of the dry areas there received rains last week and will continue to do so this week. Since March, the cumulated precipitation in Eastern Europe is close to the historical average but much lower than last year. The crops in Russia and Ukraine are estimated at 72-80 MMT (versus 85 MMT last year) and 25-28 MMT (against 26.5 MMT last year), respectively. Russia has exported 35.5 MMT thus far The weekly average has been approximately 600,000 MT with seven weeks left before the end of the campaign. The EU reported that only 96,000 MT were exported last week, bringing the cumulate...
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.
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...