Although Russian grain exports have been lagging behind last year's level, the November volume is expected to show notable growth versus the same month last year, mainly because of two factors. Meanwhile, the Ukrainian government is authorizing a new option for grain traders there. Russian Grain Markets Market Trends: 21-25 November 2016 Prices fluctuated insignificantly in RUB expression and grew in USD expression, mainly due to the higher exchange rate. GEOGRAPHICALLY 3rd grade soft milling wheat prices rose in Siberia (+$2.80/MT) and Ural (+$0.20/MT), remained stable in Black Soil, and decreased in Central, Volga Valley and the South (-$0.20/MT).4th grade soft milling wheat prices remained steady in Volga Valley, fell in Black Soil...
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...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
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.