Turkey's recently-introduced import duty on some agricultural products from Russia has reportedly already caused some damage in the sphere of its grain and sunflower oil exports. Meanwhile, Ukraine has revised the forecast for its MY 2016/17 grain exports. Russian Grain Markets Market Trends: 10-14 April 2017 Corn and rye prices continued to drop (in RUB expression) on the Russian grain market. However, prices for other crops were stable, mainly due to the Easter holiday and slower market activity. GEOGRAPHICALLY 3rd grade soft milling wheat prices were stable in Volga Valley, but they decreased in Central (-$0.20/MT), Siberia and Black Soil (-$0.60-0.80/MT), Ural (-$1.80/MT) and the South (-$2.50/MT).4th grade soft milling wheat price...
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...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.