Russian Grain Markets: 30 January - 3 February 2023 Russian domestic grain markets remained stable. The only commodity which slightly recovered is barley, but this is the exception rather than the rule. It is a record crop in Russia this season. Corn is under pressure from Ukrainian price dumping in the region, however, incredible high freight rates and demurrage in the Black Sea make it quite difficult to figure the right price. In any case, traders are trying to secure their positions and minimize risks thus keeping their bids low knowing that there is sufficient supply of grains in the region. Since the beginning of the war in Ukraine, some Russian farms (especially those closely linked to Putin) grew in size and obv...
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.