India’s Corn Prices Too High; End Users Want Imports The Indian poultry, dairy, feed and starch sectors’s corn consumption has grown 1.1 MMT since 2014/15 to reach 19.63 MMT in 2017/18. The marketable surplus peaked in 2016/17 at 19.10 MMT, per the industry estimate. Erratic supplies have affected domestic demand, causing the latter to move from a 19.97 percent decline in 2015/16 to a 19.59 percent increase in 2016/17 when stocks were at the highest. The government of India (GOI), though, has projected the increase in supplies will drop from a high of 14.8 percent in 2016/17 to a low of 0.90 percent in 2018/19. Meanwhile, the industry has projected a decreases in production of 2.17 percent in 2017/18 and 7.11 percent in 2018/1...
What You Need to Know Today: Traders are increasingly focused on next Wednesday’s August WASDE report, with corn and soybean yield estimates expected to drive the next major move in grain markets. Recent crop condition declines and late-July heat have increased uncertainty around USDA&rs...
Yesterday the Senate Agriculture Committee held its markup of the “skinny” farm bill, and it was derailed over Democratic opposition to plans for imposing food stamp costs on state governments. The Democrats pushed back on a provision that required states to pick up a larger share o...
Key Takeaways: WPI’s 2025/26 corn export models continue to reflect strong international demand and put the total marketing year volume slightly above USDA’s estimates. Strong old crop corn exports are offset by weaker feed and residual use, leaving ending stocks slightly ele...
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.