Russian Grain Markets: 14-18 February 2022 There was a lull in the domestic market with insignificant decreases in RUB for all grains. Russian ruble weakened so EXW prices expressed in the U.S. dollar decreased on average by $2-2.5. Meanwhile, export milling wheat average offer price decreased by $3 to $312/MT FOB Black Sea. Average purchase price decreased by RUB 100 to RUB 15,700/MT CPT-port Black Sea. Feed barley average export price increased by $4 to $296/MT FOB Black Sea; average purchase price remained stable at RUB 15,350/MT CPT-port Black Sea. Feed corn average export prices grew by $6 to $290/MT FOB Black Sea while average purchase price remained stable at RUB 14,500/MT CPT-port. GEOGRAPHICALLY 3rd grade soft milling whe...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...