Russian Grain Markets: 13-17 April 2020 Two factors influenced development of prices on the domestic market: sales from Public Intervention Fund were pushing prices down but active export was pushing them up. The upward factor was a little stronger. Meanwhile on the export market, milling wheat average price increased to $232/MT FOB Black Sea. Purchase prices grew to RUB 15,600-15,800/MT. Feed barley average export price grew to $183/MT FOB Black Sea; purchase price remained at RUB 11,650/MT CPT-port Black Sea. Feed corn average export price was stable at $178/MT FOB Black Sea, the average purchase price was also stable at RUB 11,100/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in all regions: Blac...
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.