Russian Grain Markets: 14-18 December 2020 The Russian domestic market wheat prices decreased due to the decision of the Russian government to introduce the export quota and export duty for wheat. Feed barley and feed corn prices moved in different directions. Meanwhile, export milling wheat average price remained at $260/MT FOB Black Sea. The average purchase price decreased to RUB 15,200-16,000/MT. Feed barley average export price grew to $218/MT FOB Black Sea, the average purchase price remained at RUB 14,400/MT CPT-port Black Sea. New harvest feed corn average export price slightly decreased and amounted to $232/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the Southern region (-RUB 980/MT),...
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: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...