Russian Grain Markets: 20-24 November 2017 Prices grew slightly in RUB expression, but they increased more significantly in USD expression due to strengthening of the ruble. GEOGRAPHICALLY 3rd grade soft milling wheat prices continued to rise in the European part (Central, Black Soil and Volga Valley) of Russia (+$0.80-1.00/MT), but they were stable in the Asian part (Siberia and Ural). 4th grade soft milling wheat prices were also higher in the European part of Russia (+$0.70/MT) and stable in the Asian part. 5th grade wheat prices increased in Central and Volga Valley (+1.00/MT) as well as Black Soil (+$0.70/MT), but they were steady in the South, Ural and Siberia. Feed barley prices grew in Central and Black Soil (+$1.50/MT) as wel...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.