Milling wheat prices started decreasing at the Ukrainian Black Sea (UBS) ports, mainly due to the exhaustion of export potential and the resultant lower demand from traders. Another reason is that new harvest wheat will enter the market in about one month, so those traders and processors with sufficient stocks prefer to wait. Russian Grain Markets Market Trends: 16-20 May 2016 Grain prices, especially wheat and corn, continued to increase in RUB expression (but decrease in USD expression because of the weaker ruble) due to declining stock offers from the 2015 harvest. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the South (+$3.20/MT), Central and Black Soil (+$2-2.20/MT), Volga Valley and Ural (+$0.70-0.80/MT), and Siberi...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.