Russian Grain Markets: 4-8 November 2019 Domestic Russian grain prices (excluding corn) continued to grow but the rate of growth slowed. Corn prices slightly decreased. Milling wheat export prices decreased to $206/MT FOB Black Sea. Purchase prices remained within RUB 12,400-12,500/MT. Feed barley average export price decreased to $185/MT FOB Black Sea while purchase prices were stable within RUB 10,600-10,700/MT CPT-port Black Sea. Corn average export price was stable at $168/MT FOB Black Sea, the average purchase price amounted to RUB 9,000/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central (+RUB 80/MT), Black Soil (+RUB 55/MT), Southern (+RUB 150/MT), Volga Valley (+RUB 40/MT), and Siberia...
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...