Russian Grain Markets: 14-19 July 2019 Domestic grain prices decreased sharply as more regions switched to 2019 yield prices. Only corn prices managed to end the week largely unchanged. Export prices for wheat (12.5 percent) grew $1/MT and reached $197/MT FOB Black Sea. The average purchase price at CPT-port Black Sea also grew to RUB 10,500-10,600/MT. Feed barley average export prices reached $175/MT FOB Black Sea while purchases prices hit RUB 9,400/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased sharply in the Central region (-RUB 1,110/MT), the Black Soil region (-RUB 850/MT), the Volga Valley region (-RUB 640/MT), the Southern region (-RUB 100/MT), the Ural region (-RUB 550/MT), and...
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...