Russian Grain Markets: 20-24 March 2017Market TrendsPrices continued to fall due to domestic factors as well as Turkey’s introduction of import duties for some goods of Russian origin, including wheat.GEOGRAPHICALLY3rd grade soft milling wheat prices kept dropping in Black Soil and Central (-$6.40-6.90/MT), the South (-$2.00/MT), Ural and Volga Valley (-$2.60-2.70/MT), and Siberia (-$4.30/MT).4th grade soft milling wheat prices also decreased in Siberia (-$4.20/MT), Central (-$3.50/MT), the South and Volga Valley (-$1.30-1.60/MT), and Black Soil and Ural (-$1.80/MT).5th grade wheat prices fell in Central and Black Soil (-$2.90-3.10/MT), the South (-$0.60/MT), Volga Valley (-$3.50/MT), Ural (-$0.80/MT) and Siberia (-$1.80/MT).Feed barley pri...
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: 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...