Russian Grain Markets: 8-12 July 2019 The downward trend in domestic prices continued for the most part. However, the average milling wheat (12.5 percent protein) export price grew $2/MT to $196/MT FOB Black Sea, while the average purchase price fell to RUB 10,400-10,500/MT CPT-port Black Sea. The average feed barley export price increased $4/MT to $174/MT FOB Black Sea, and the average purchase price rose to RUB 9,000/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices dropped in Central (-RUB 860/MT), Black Soil (-RUB 780/MT), Volga Valley (-RUB 325/MT), the South (-RUB 50/MT), and Ural and Siberia (-RUB 35-40/MT). 4th grade soft milling wheat prices also decreased in Central (-RUB 1,000/MT), Black Soil (-RUB 900...
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...