Russian Grain Markets: 15-19 November 2021 Russian grain market prices moved in different directions. Export duties continued to increase. Export milling wheat average offer price grew to $340/MT FOB Black Sea. Average purchase price grew to RUB 16,900/MT CPT-port Black Sea. Feed barley average export price grew to $298/MT FOB Black Sea; average purchase price remained unchanged at RUB 15,500/MT. Feed corn average grew to $276/MT FOB Black Sea while average purchase price grew sharply to 15,300/MT CPT-port. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central region (+RUB 15/MT), the Southern (+RUB 65/MT), Volga Valley (+RUB 40/MT), and in Siberia and Ural (+RUB 15/MT), but decreased in the Black Soil region (-RUB 40/MT...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
Key Takeaways: The Panama Canal’s draft restrictions and decreasing rainfall outlook are driving big moves in dry bulk markets this week. Panamax markets are sharply lower as the economics of moving freight across the Canal are deteriorating rapidly, leading to support in Supramax vessels...
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.