Russian Grain Markets: 5-9 February 2018 A moderate upward trend continued in the domestic grain market (in RUB expression) due to growing export prices and the weakening ruble. On the export market, milling wheat prices rose to $199/MT FOB Black Sea (+$1/MT) with purchase prices up slightly at $179.80-183.60/MT CPT-Black Sea port. Feed barley prices remained stable at $199/MT FOB Black Sea, but average CPT-Black Sea port purchase prices grew slightly to $184.50/MT. Corn prices climbed to $180/MT FOB Black Sea (+$4/MT). GEOGRAPHICALLY 3rd grade soft milling wheat prices increased slightly in Central (+$0.20/MT), the South (+$0.60/MT), Volga Valley and Ural (+$1.20/MT), and Siberia (+$1.70/MT), but they remained stable in Black Soil. 4th...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.