Milling Wheat The Black Sea market was firmer last week in sympathy with the CBOT and Matif futures. Russia has exported about 33.8 MMT thus far in the current campaign against an expected total of 34.5-35 MMT. The weather in that country and Ukraine may not be perfect everywhere for wheat development, but there is nothing worrisome for the time being. The crops are estimated at 80-83 MMT in Russia and 27-29 MMT in Ukraine. The EU has exported 18.4 MMT so far versus 18.6 MMT at the same time last year. With six weeks remaining until the end of the campaign, the total for 2018/19 is expected to be very similar to last year’s 20.5 MMT. The weather in Romania and Bulgaria is favorable for wheat development with frequent rains and mild...
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.