World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 22–26 January 2024 The grain market could not withstand the pressure from stocks which remain high at this time of year. The export market has been driving this market for a while and intervention purchases did not save Russian farmers from the global bear. Moreover, growing export duties two weeks in a row will certainly not allow prices to grow let alone the relatively strong RUB. Intervention trading has reached 513,000 MT; however, this is a drop in the ocean compared to what is needed to reanimate a Russian bullish trend.  In the near term, the market will remain bearish unless a miracle happens. In January, Russian wheat exports are lagging past year’s indicators. Particularly, expected expor...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Jul 24 Corn closed at $4.5/bushel, down $0.02 from yesterday's close.  Jul 24 Wheat closed at $6.2225/bushel, up $0.0175 from yesterday's close.  Jul 24 Soybeans closed at $11.7725/bushel, down $0.025 from yesterday's close.  Jul 24 Soymeal closed at $344.7/short ton, down $2.9 f...

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Thursday April 25, 2024...

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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.

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