Russian Grain Markets: 8-12 October Most prices on the Russian grain market continued to rise, but some remained stable. Milling wheat export prices were steady at an average $232/MT FOB Black Sea, and purchase prices at seaports were unchanged in RUB expression but grew in USD expression to $192/MT CPT-Black Sea port. The average feed barley export price was unchanged at $237/MT FOB, but the average CPT-Black Sea port price grew in both RUB and USD expression, reaching $203/MT. The average corn export price was again stable at $188/MT FOB. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Central and the South (+$0.20/MT), Black Soil and Ural (+$0.90-1.00/MT), and Siberia (+$2.20/MT). However, they remained unchanged in V...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.