Russian Grain Markets: 4-8 December 2017 Market Trends Domestic prices changed insignificantly overall, although there were some regional fluctuations. However, they all decreased on average in USD expression due to weakening of the ruble. On the export market, milling wheat prices either remained unchanged or grew (+$1/MT) to $192/MT FOB Black Sea. Feed barley prices also showed more obvious growth on the export market at $192/MT Black Sea and $172-176/MT CPT-port. Meanwhile, corn export prices remained unchanged at $166/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in Central (-$1.50/MT), Black Soil (-$0.60/MT), the South (-$1.20/MT) and Siberia (-$0.80/MT), but they grew in Volga Valley (+$1.20/MT) an...
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...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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...