Russian Grain Markets: 4-8 June 2018 Domestic grain prices on the Russian market mostly grew. Meanwhile, export prices mainly dropped as 2018 production started entering the market. Thus, the average milling wheat export price decreased to $206/MT FOB Black Sea, and purchase prices at seaports fell to $191-194/MT CPT-Black Sea port. The average export price for 2018 wheat was $205/MT FOB Black Sea. Average feed barley export and purchase prices remained at $202/MT FOB Black Sea and $176/MT CPT-Black Sea port, respectively. Corn’s average export price dropped to $192/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained unchanged in the South but grew in Volga Valley and Ural (+$2.50/MT), Central and Black So...
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...
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.