Russian Grain Markets: 26-30 April 2021 Corn, barley, and wheat prices on the domestic market grew following global trends. The export milling wheat average price grew to $270/MT FOB Black Sea. The average purchase price grew to RUB 15,300/MT CPT-port Black Sea. Feed barley average export price grew to $242/MT FOB Black Sea, the average purchase price grew to RUB 16,000/MT. Feed corn average export price remained at $256/MT FOB Black Sea. GEOGRAPHICALLY: 3rd grade soft milling wheat prices grew in the Central region (+RUB 85/MT), Black Soil and Volga Valley (+RUB 100-110/MT), Southern (+RUB 200/MT), Ural (+RUB 125/MT), and Siberia (+RUB 50/MT); 4th grade soft milling wheat prices grew in all regions: Central and Black Soil (+RUB 8...
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...