Russian Grain Markets: 10-14 August 2020 Wheat prices on the domestic Russian market mainly grew, especially in Siberia. Corn prices either remained stable or grew insignificantly. Feed barley prices mainly decreased. Meanwhile, on the export market, milling wheat average 2020 yield price decreased to $200/MT FOB Black Sea. The average purchase price slightly decreased to RUB 13,100-13,600/MT. 2020 feed barley average export price decreased to $182/MT FOB Black Sea, amd purchase price decreased to RUB 11,800/MT CPT-port Black Sea. Feed corn average export price didn’t change and amounted to $184/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central region (+RUB 35/MT), Black Soil (+RUB 100/M...
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.