Ukrainian milling wheat prices quoted by traders grew as did those at the UBS ports. Traders’ feed wheat bid prices also increased along with export prices. Meanwhile, feed barley FOB prices remained stable, and domestic corn prices moved in different directions. Russian Grain Markets Planting update Spring crops were planted on 836,000 hectares (1.6 percent of the target) as of 28 March 2016, including grain crops on 613,400 hectares (2 percent of the target). Market Trends: 14-18 March 2016 Wheat and barley prices at the Russian market continued decreasing (in RUB expression), rye prices grew, and corn prices changed insignificantly. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the South (-$4.60/MT), Black Soil a...
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.