Russian Grain Markets: 30 July-3 August 2018 Expecting international market prices to grow further, Russian grain traders limited their offer. Milling wheat export prices increased $9/MT to $232/MT FOB Black Sea, and purchase prices at seaports climbed to $179/MT CPT-Black Sea port. The average feed barley export price gained $5/MT to reach $225/MT FOB, and the average purchase price rose to $187/MT CPT-Black Sea port. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the South (+$8.40), Volga Valley (+$0.30/MT), Central (+$2.50/MT), Black Soil (+$1.30/MT) and Siberia (+$0.80/MT), but they remained unchanged in Ural. 4th grade soft milling wheat prices increased in the South (+$7.60/MT), Volga Valley (+$0.70/MT), Ural (+$0.40/...
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.