Russian Grain Markets: 23-27 September 2019 Domestic Russian grain prices fluctuated insignificantly in ruble expression, except for corn prices which declined rapidly. Milling wheat export prices grew to $189/MT FOB Black Sea. The average purchase price grew to RUB 11,350/MT. Feed barley average export price grew to $178/MT FOB Black Sea, while average purchase price increased to RUB 10,100/MT CPT-port Black Sea. Corn average export price grew to $162/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in the Central region (+RUB 15/MT), the Southern region and in Siberia (+RUB 100/MT), but decreased in the Black Soil, Volga Valley and Ural regions (-RUB 15-30/MT). 4th grade soft milling wheat pri...
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: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...