Russian Grain Markets: 25 December 2017-10 January 2018 Market Trends Market activity was slow with insignificant changes in prices. Key grain prices either grew slightly or remained unchanged in RUB, and they all increased slightly in USD due to strengthening of the ruble. On the export market, milling wheat prices rose +$2/MT to $192/MT FOB Black Sea. The range of purchase prices at seaports remained unchanged at $175-189/MT CPT-Black Sea port. Feed barley prices amounted to $192/MT FOB Black Sea and $181/MT CPT- Black Sea port. Corn prices remained at $166/MT FOB Black Sea and $143/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices rose in the South and Volga Valley (+$ 0.20/MT) as well as Ural (...
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.