Russian Grain Markets: 17-21 June 2019 Domestic prices quoted in the South, Volga Valley and Black Soil were mainly for 2019 production, which is why they dropped dramatically. As harvesting progresses, such sharp decreases will spread to other regions. Export prices for 2019 wheat (12.5 percent protein content) averaged $196/MT FOB Black Sea, and CPT-port Black Sea purchase prices grew to RUB 10,500-10,600/MT. The average export price for 2019 feed barley fell to $167/MT FOB Black Sea, while purchase prices remained within RUB 8,800-9,000/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the South (-RUB 1,100/MT), Volga Valley (-RUB 300/MT), Central (-RUB 215/MT), Black Soil (-RUB 120/MT), Ural (-RU...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.