Russian Grain Markets: 30 September 30 – 4 October 2019 Domestic Russian grain prices grew (except for corn prices) due to active demand from both domestic buyers and foreign importers. Corn prices continued decreasing as harvesting is in progress and the downward trend will last for some time. Milling wheat export prices grew to $195/MT FOB Black Sea. The average purchase price grew to RUB 11,400/MT. Feed barley average export price grew to $180/MT FOB Black Sea while average purchase price increased to RUB 10,200/MT CPT-port Black Sea. Corn average export price grew to $165/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central (+RUB 15/MT), Black Soil and Volga Valley regions (+RUB 25-50/...
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.