The Russian holidays of 1-2 May and 8-9 May will influence grain prices, although market reaction will be delayed. Meanwhile, there were two other developments affecting those prices and exports. Russian Grain Markets Market Trends: 1-5 May 2017 The Russian holidays of 1-2 May and 8-9 May will influence grain prices, although market reaction will be delayed. Meanwhile, Turkey cancelled its restrictions on Russian wheat imports on 4 May. Another market factor was the notable weakening of the RUB, which significantly decreased prices in USD expression. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained stable in Central and Volga Valley, but they grew in the South (+$0.20/MT) while decreasing in Black Soil (-$1.10/MT) as well as...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
Beef packer margins declined to $190/head last week, down $32 from the prior week as the Choice cutout weakened while fed cattle prices remained steady. The cutout fell $2.56/cwt to $373/cwt while fed cattle prices held near $220/cwt, narrowing packer spreads after several weeks of improvement...
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.