Milling Wheat Wheat markets remain under pressure as Western Europe and Black Sea exports battle each other and the American markets for export demand. Paris Matif futures were sharply lower last week and scored new contract lows and a post-WASDE rally on Friday brought additional selling pressure on Monday. EU exporters are facing increased competition from Russia as firms there try to accelerate shipments ahead of the 15 February implementation of the export quota. The export quota may not impact grain flows significantly as it would still permit over 5 MMT per month to leave Russia. Additional pressure is coming this week from yet-unconfirmed rumors that Russia’s government lowered the “minimum/suggested” wheat e...
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.