World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

Milling Wheat The Black Sea market was under pressure last week as it followed the decline of the EU and U.S. markets. Russia is exporting about 500 KMT per week, bringing the cumulated total since the start of campaign to 29 MMT as of the end of February. The big question is whether it can export 34 or 37 MMT this year as the remaining surplus is located far from the Black Sea ports. The lower the FOB Black Sea price goes, the more difficult it will be to originate wheat from northern Russia for export due to the very high interior transportation cost to the south. The EU exported 182 KMT last week, bringing the total to 11.7 MMT versus 13.9 MMT at the same time last year. Its feed wheat is losing demand to barley as the EU price for the...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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.

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