Regional News Russia’s new export tax scheme has, according to WPI sources, effectively stopped sales for the spring, and particularly new crop positions. The new tax took effect 15 February as well as the 17.5 MMT quota and the floating tax calculation will start 1 April for all exports from 1 June forward. A moderate warm, dry trend is forecast for western, central, and parts of southeast Europe for the coming week. Black Sea precipitation will be near normal with light precipitation across Ukraine and southern Russia. While European temperatures will be warm this week, eastern Ukraine and most of Russia will see below-normal temperatures. The forecast remains favorable for European winter crops that are already in goo...
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.