Russian Grain Markets: 22-26 March 2021 Milling wheat, feed wheat and feed corn prices in all regions of Russia decreased moderately, while feed barley prices moved in different directions. Export milling wheat average price decreased to $257/MT FOB Black Sea. The average purchase price decreased to RUB 14,200/MT CPT-port Black Sea. Feed barley average export price decreased to $233/MT FOB Black Sea; the average purchase price remained at RUB 15,300/MT. Feed corn average export price decreased to $257/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained unchanged in the Central and Ural regions, decreased in Black Soil (-RUB 50/MT), Volga Valley (-RUB 40/MT); and Southern (-RUB 115/MT), but slightly grew in...
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...