While most Ukrainian feed grain prices remained stable, feed barley and corn prices moved in different directions. However, Russian grain prices continued to drop (in RUB expression) for several reasons. Russian Grain Markets: 13-17 March 2017 Market Trends Prices continued to drop (in RUB expression) due to the approaching planting season, which spurs producers to sell their remaining stocks in order to make money for planting works. Another reason for this is strengthening of the ruble. The market was also shaken by news about the restriction on Turkish imports of Russian wheat and is awaiting more official information. GEOGRAPHICALLY 3rd grade soft milling wheat prices continued to decline in Black Soil and the South (-$0.20/MT), Ce...
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.