Prices continued to drop overall on the Russian grain markets, although there were slightly different patterns in a few regions. Meanwhile, Ukrainian grain prices mostly fell or were unchanged with those of milling wheat reflecting the seasonal slowdown in trading activity. Russian Grain Markets Market Trends: 24-28 April 2017 Grain prices continued to drop overall, more significantly in USD expression due to slight depreciation of the RUB, although they remained stable or increased slightly in a few regions.. GEOGRAPHICALLY 3rd grade soft milling wheat prices fell in Central, Volga Valley and Siberia (-$0.20/MT), Black Soil (-$0.30/MT), and the South (-$0.50/MT). However, they grew slightly in Ural (+$0.20/MT).4th grade soft milling w...
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: 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...