Russian Grain Markets: 31 August – 4 September 2020 Domestic Russian market prices for wheat and barley mainly grew. Corn prices were quoted for the new harvest in the Black Soil and Southern regions and for the old harvest in other regions. Export milling wheat average 2020 prices increased to $217/MT FOB Black Sea following an increase in demand. The average purchase price grew to RUB 14,400-14,600/MT. Feed barley average export price grew to $183/MT FOB Black Sea, while purchase prices grew to RUB 12,300/MT CPT-port Black Sea. New harvest feed corn average export price increased to $178/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained unchanged in the Central region, grew in Black Soil (...
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.