Only 6,855 MT of 5th grade wheat were bought in the course of Russia's market intervention trading session on 20 January. The volume of grains available for purchase totaled 37,125 MT. Russian Grain Markets Market Trends: 12-16 January 2014 There was no clarity to the market situation during the week in review. The prices increased in RUB expression and declined in USD expression. GEOGRAPHICALLY: 3rd grade soft milling wheat prices rose in Black Soil and Ural (+$0.60-1/MT) as well as Volga Valley (+$3.80/MT) but decreased in Siberia (-$0.80/MT). They remained stable in the South and Central.4th grade soft milling wheat prices increased in Ural and Siberia (+$2/MT), Central and Black Soil (+$1.20/MT) and also in Volga Valley (+$6/MT). T...
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: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...