Russian Grain Markets: 29 June-3 July 2020 Harvesting was in progress and in the South and Volga Valley regions prices decreased. Yet, the decrease is not significant as the average yield so far has been lower than in 2019. For export market milling wheat, average 2020 yield price decreased to $199/MT FOB Black Sea. The average purchase price for 2020 wheat grew to RUB 12,500-12,700/MT. 2020 feed barley average export price remained at $175/MT FOB Black Sea, purchase price decreased to RUB 10,700/MT CPT-port Black Sea. Feed corn average export price remained at $182/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in all regions: Southern (-RUB 820/MT ), Volga Valley (-RUB 325/MT), Central and Black So...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Ministry of Supply reports that it will begin the sale of imported wheat through the Egyptian Mercantile Exchange. Sales are expected to be mainly to private-sector flour mills and are intended to stabilize wheat and...
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.