The trends in Ukraine's milling wheat, feed wheat, and feed barley markets all changed last week, influenced by the start of the 2017 harvests. Meanwhile, a company registered in Kazakhstan has signed a letter of intent regarding wheat sales to China. Russian Grain Markets: 26-30 June 2017 Market Trends Last week was the final one of MY 2016/17. Although this year’s new production will enter the market later than usual, prices have started changing in anticipation. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central, Black Soil and Volga Valley (+$0.20-0.40/MT) as well as Siberia and Ural (+$0.40-0.80/MT, but they decreased in the South (-$0.20).4th grade soft milling wheat prices increased in Central (+$1.70/MT), the So...
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.