Russian Grain Markets: 11-15 May 2020 Milling and feed wheat prices as well as corn prices kept growing in the domestic grain market while feed barley prices decreased. Meanwhile, on the export market, milling wheat average price decreased to $224/MT FOB Black Sea. Purchase prices decreased to RUB 14,800/MT. The new (2020) yield wheat prices were quoted within $195-197/MT FOB (and RUB 12,500-13,000/MT – purchase prices CPT-port Black Sea). Feed barley average export price decreased to $180/MT FOB Black Sea, purchase price decreased to RUB 10,900/MT CPT-port Black Sea. Feed corn average export price grew to $175/MT FOB Black Sea, the average purchase price also grew and amounted to RUB 11,400/MT CPT-port Black Sea. GEOGRAPHICAL...
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.