Russian Grain Markets: 21 – 25 September 2020 Domestic Russian prices for wheat and barley grew sharply, especially in the south. Corn prices mainly grew too, while rye prices largely remained unchanged. Meanwhile, export milling wheat average 2020 prices decreased to $234/MT FOB Black Sea. The average purchase prices grew to RUB 16,400-16,600 /MT. Feed barley average export price grew to $196/MT FOB Black Sea, while purchase price increased to RUB 13,800/MT CPT-port Black Sea. New harvest feed corn average export price increased to $193/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in all regions: Southern (+RUB 1,460/MT), Central (+RUB 500/MT), Volga Valley and Black Soil (+RUB 600-620/MT), Siber...
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...