Russian Grain Markets: 24-28 January 2022 The Russian domestic market grew due to weakening of the ruble. As export duties decreased, it made it possible for exporters to increase CPT-port purchase prices and decrease FOB offer prices. So, export milling wheat average offer price decreased to $329/MT FOB Black Sea. Average purchase price grew to RUB 16,800/MT CPT-port Black Sea. Feed barley average export price decreased to $293/MT FOB Black Sea; average purchase price grew to RUB 15,200/MT. Feed corn average price grew to $282/MT FOB Black Sea while average purchase prices grew to RUB 14,500/MT CPT-port. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central and Black Soil regions (+RUB 100/MT), the Southern (+RUB 200/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: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...