The EU allocated 780,000 MT of wheat export licenses last week, bringing the total to 12.5 MMT versus 8.5 MMT allocated at the same time last year. Milling Wheat The Black Sea market is firmer despite slow demand. Ukrainian and Russian farmers still have a large volume of wheat to sell before June, but they are not in a hurry. We may see some market pressure in March/April if the farmers' selling pace remains slow in the coming months and the winter doesn't cause any significant damage to the winter wheat.The Egyptian GASC purchased 120,000 MT of French wheat at $319.46/MT and 180,000 MT of Romanian wheat at $310.90-312.38/MT. There were no offers for Russian, Ukrainian or U.S. wheat in the tender.The EU allocated 780,000 MT of wheat expo...
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.