The Russian Ministry of Agriculture’s first forecast for the 2016 grain harvest estimated it at 104 MMT. However, market experts are not as optimistic with Igor Pavenskiy of Rusagrotrans predicting that it will only reach 93-99 MMT due to current crop conditions. Russian Grain Markets Harvest Update Russia’s Ministry of Agriculture reported on 15 December that the 2015 grain harvest totaled 103.4 MMT in clean weight, including 61.2 MMT of wheat. Market Trends: 7-11 2015 Prices on the Russian grain market started to decrease during the week in review. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in Central (-$0.70/MT), the South and Black Soil (-$0.20-0.50/MT), Volga Valley (-$1.20/MT), Ural (-$0.20/MT) and Siberia (-$...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.