Russian Grain Markets: 4-8 May 2020 Prices continued to grow in the Asian part of the domestic grain market and moved in different directions in the European part of the market. Meanwhile, on the export market, milling wheat average price decreased to $228/MT FOB Black Sea. Purchase prices decreased to RUB 15,100/MT. Feed barley average export price remained at $182/MT FOB Black Sea, purchase price was also stable at RUB 11,100/MT CPT-port Black Sea. Feed corn average export price grew to $172/MT FOB Black Sea, the average purchase price decreased to RUB 11,300/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central (+RUB 115/MT), Black Soil and Ural regions (+RUB 25/MT), decreased in Southern...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
Regional News European grocery stores have been targeted by cybersecurity attacks this week, with major retailers in France and the Netherlands affected. In France, major grocers, including Carrefour, Intermarché, and Coopérative U, all suffered attacks in which freezer and...
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.