Russian Grain Markets: 17–21 April 2023 Russia’s grain markets remained predominantly bearish, but the bear is weaker and slower now. Trading is a tug of war with farmers keeping stocks and they are in no hurry to sell for less. Export duties will dictate the trends in the near future and with lower duties, prices may recover slightly given export potential. Decreased export duty for corn remains at $40/MT which indicates the Russian government is not keen on exporting corn. Since 2019, Russia has exported around 4 MMT of corn, this season the number may be slightly lower. Also impacting the market is the UN grain corridor terms and conditions which Russia does not like. Russia is expecting sanctions lifted from Ro...
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.