Wheat, corn and barley prices at the Russian market continued to drop (in RUB expression) during the week in review, while rye prices remained unchanged. However, prices expressed in USD increased due to strengthening of the ruble. Russian Grain Markets Market Trends: 28 March-1 April 2016 Wheat, corn and barley prices at the Russian market continued to drop (in RUB expression) during the week in review, while rye prices remained unchanged. However, prices expressed in USD increased due to strengthening of the ruble. GEOGRAPHICALLY 3rd grade soft milling wheat prices continued to decrease, although at a higher rate than one week before, in Central (-$3/MT), Black Soil (-$2.20/MT), the South (-$1.40/MT), Volga Valley and Ural (-$1/MT),...
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.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...