In a meeting with grain exporters on 28 June, Rosselkhoznadzor experts announced that the service believes certain changes need to be made in Yeysk and Temryuk seaports in order to prevent both the spreading of harmful organisms as well as the deterioration of grain quality. Russian Grain Markets Market Trends: 20-24 June 2016 Grain prices were either stable or grew slightly (due to market deficit) except for those in the South that were pushed down by new harvest stocks. GEOGRAPHICALLY 3rd grade soft milling wheat prices dropped dramatically in the South (-$20.80/MT) while remaining stable in Black Soil, Ural and Volga Valley. They grew in Central (+$0.50/MT) and Siberia (+$0.70/MT).4th grade milling wheat prices also decreased signif...
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...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.