Ukraine's grain exports reportedly set a new record in 2016/17, and its milling wheat prices started to drop last week on the domestic market due to the growing offer. Meanwhile, as milling rye prices remained stable there, they moved sharply in Russia. Russian Grain Markets: 24-28 July 2017 Market Trends Prices mainly grew in RUB expression as new harvest grain entered the market and demand increased. However, they dropped when expressed in USD due to weakening of the ruble. Milling rye prices fell sharply, however. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in the South (+$2.00/MT), Volga Valley and Black Soil (+$0.20/MT), Ural and Central (+$0.80-0.90/MT), and Siberia (+$0.20/MT).4th grade soft milling wheat prices...
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...