Russian grain prices once again fluctuated insignificantly in RUB expression, but they decreased in USD expression as the ruble continued to weaken. Meanwhile, the country's grain exports are up slightly in MY 2016/17, although Ukraine's are higher. Russian Grain Markets Market Trends: 19-23 June 2017 Prices once again fluctuated insignificantly in RUB expression, but they decreased in USD expression due to the weaker ruble. While the grain traded is from the 2016 harvest, the market is ready for 2017 production. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the South (-$1.20/MT) as well as Siberia and Ural (+$0.20-0.30/MT) and decreased in Central (-$0.40/MT). However, they were stable in Black Soil and Volga Valley.4th g...
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...
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.