649,400 MT of grain were exported from Ukrainian sea ports between 1-7 December, while 429,100 MT were exported from Russian sea ports during the same period. Russian Grain Markets Market Trends: 1-7 December 2014 Prices on the domestic grain market increased as the Russian ruble weakened, but declined in USD expression. GEOGRAPHICALLY: 3rd grade soft milling wheat prices continued to grow in Central (+$11/MT), the South and Black Soil (+$8/MT), Volga Valley (+$6.50/MT), Ural and Siberia (+$8.70-9.30/MT).4th grade soft milling wheat prices also increased in Central and the South (+$11.50/MT), Black Soil and Siberia (+$9.40/MT), Ural and Volga Valley (+$6-7/MT).5th grade feed wheat prices rose in Volga Valley, Ural and Central (+$5-5.50...
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 big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
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...
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.