Russian Grain Markets: 20-24 May 2019 Prices on the domestic market followed the trend of the previous week, either decreasing moderately or remaining stable in RUB expression. They also fell in USD expression during this period, though, despite no change in the ruble. Export prices for 2019 wheat (12.5 percent protein content) rose to $186-190/MT FOB Black Sea. Meanwhile, the average export price for 2018 wheat grew to $208/MT FOB, but there was little trade. The 2019 forward feed barley prices were quoted at $165-175/MT FOB Black Sea, and the average 2018 export price remained at $180/MT FOB. GEOGRAPHICALLY 3rd grade soft milling wheat prices fell in Central, the South and Black Soil (-RUB 10-30/MT) as well as Volga Valley (-RUB 200/M...
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: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...