Sunflower seed bids started growing in Ukraine. They increased to $383-405/MT EXW and $407-422/MT CPT as FOB offers rose to $395-415/MT. Because of the reported situtation at processing facilities, demand and, consequently, prices will only rise in the future. Russian Grain Markets Market Trends: 5-9 December 2016 Milling and feed wheat prices started to drop as other grain prices continued to grow. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased only in Black Soil (+$0.20/MT) and started to drop in Central (-$1.80/MT) as well as other regions (-$0.20-0.50/MT).4th grade soft milling wheat prices also grew in Black Soil (+$1.10/MT) while decreasing in Central (-$1.50/MT) and other regions (-$0.20-0.50/MT).5th grade wheat p...
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.