France’s exports to non-EU destinations have significantly increased during the last month as its wheat is competitive against Black Sea origins. Algeria bought 500,000 MT of it last week, paying $187-188 for July shipment. Milling Wheat The weather in Russia and Ukraine is excellent for the wheat development and maturing. The Black Sea market is quiet as the old crop offers are difficult to find and farmers in the region have not started to sell the new crop yet as that usually starts in June.The EU allocated 628,000 MT of wheat export licenses last week, bringing the total to 26.6 MMT versus 28.4 MMT at the same time last year. France’s exports to non-EU destinations have significantly increased during the last month as its wheat is com...
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.