Russian Grain Markets: 18-22 December 2017 Domestic prices moved in different directions. On the export market, milling wheat prices continued to drop, falling another $1/MT to $190/MT FOB Black Sea. Meanwhile, purchase prices at the seaports grew to $173-189/MT CPT-port Black Sea. Feed barley export prices remained at $191/MT FOB Black Sea and an average $179/MT CPT-port Black Sea. Corn export prices were also unchanged at $166/MT FOB Black Sea and $141/MT CPT-port Black Sea. The market is unlikely to undergo any significant changes before or during the winter holidays. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in Central (-$0.20/MT), Black Soil (-$0.30/MT) and Volga Valley (-$ 0.20/MT), but they grew in Siberia (+$1...
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.