Russian Grain Markets: 15-19 October Most domestic prices continued to grow. A few remained steady, however, and there were decreases in some milling rye and corn prices. Milling wheat export prices were again stable at an average $232/MT FOB Black Sea, but purchase prices at seaports rose significantly to $200/MT CPT-Black Sea port. The average feed barley export price grew $1/MT FOB at $238/MT FOB, but the average CPT-Black Sea port price remained at $203/MT. The average corn export price was also stable at $188/MT FOB. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central, the South and Siberia (+$0.80-1.00/MT), Volga Valley (+$2.80/MT), and Black Soil and Ural (+$4.00-4.50/MT). 4th grade soft milling wheat prices were...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
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.