Russian Grain Markets: 26–30 August 2024 Russian grain markets remained relatively stable; however, they are under pressure of a large crop and growing stocks. Even though the 2024 grain crop may be slightly lower than earlier estimates, Russia will have a solid export surplus. Domestic analysts believe this year’s grain crop will be around 126 MMT without calculating grains collected on occupied territories but including Crimea. However, Crimea which used to produce up to 1 MMT of grains during Ukrainian rule, is now not capable of producing this crop because of the large water reservoir which was feeding water to southern Ukraine and Crimea has been destroyed by the Russian army retreating from Kherson. The key factor...
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.