Owning the Passage Russia is still able and will be able to export commodities. Sanctions do not include food. No one will deny countries like Egypt access to cheaper wheat to feed their people. And many of the countries that have been buying Russian wheat and barley will continue to do so. Turkey has closed the Bosporus for military ships not returning to home port, but Russian commercial vessels keep the trade going. The EU has finally closed its ports to Russian vessels, but Russia will continue to trade grain via ports in the Caspian and Black Seas. Russia will also move grain and other commodities to China. And Russia no longer has competition from Ukraine. Black Sea routes from Odessa to the Bosporus have been reportedl...
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.