Russian Grain Markets: 19-23 July 2021 Prices continue to decrease in the domestic Russian grain market in most regions where sellers still haven’t completely switched to 2021. The exception is the south where the prices for 2021 started to grow. Meanwhile, export milling wheat average price increased by $8 to $250/MT FOB Black Sea. Average purchase price increased sharply and amounted to RUB 14,450/MT CPT-port Black Sea. Feed barley average export price decreased by $1 to $212/MT FOB Black Sea, and average purchase price grew to RUB 12,800/MT. Feed corn average export price increased to $268/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Southern region (+RUB 485/MT) but decreased in the Central...
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...