Russian Grain Markets: 5-9 August 2019 Domestic prices moved in different directions: rising in regions where they had decreased too much the week before and dropping in those that started quoting for 2019 production. Meanwhile, there was little change in other regions. The fact that harvesting is progressing with problems because of adverse weather conditions in some regions adds to the changing trends in price development. On the export market, the average price for wheat (12.5 percent protein) was unchanged at $196/MT FOB Black Sea, while purchase prices were within RUB 11,400-11,500/MT CPT-port Black Sea. The average price for feed barley increased to $178/MT FOB Black Sea, but the average purchase price fell to RUB 9,700/MT CPT-port...
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...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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...
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.