Domestic milling wheat bids quoted by traders in Ukraine grew due to the slowdown in harvesting caused by rain as well as the low share of milling wheat in the current harvest and high prices quoted at tenders in Egypt and Tunisia. Meanwhile, CPT-processor prices kept decreasing. Russian Grain Markets Market Trends: 18-22 July 2016 While grain prices on the Russian market kept decreasing, there were no offers of corn. GEOGRAPHICALLY 3rd grade soft milling wheat prices continued to drop in the South (-$1/MT), Central (-$16/MT), Black Soil (-$11.60/MT), Volga Valley (-$6.20/MT), Ural (-$7.70/MT) and Siberia (-$1/MT).4th grade milling wheat prices also decreased in the South (-$1/MT), Central and Black Soil (-$17.60-18/MT), Volga Valley (...
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.