While India's monsoon has somewhat rebounded, farming communities have been impacted by the delayed rains. Rural demand is diminishing with crop selection and productivity expected to be affected as well as the country's overall economy. The Late Monsoon and Declining Demand The delayed monsoon and drought conditions in some areas have affected rural demand in India. Although the monsoon has rebounded, the deficiency stands at 24 percent for the country as a whole and 36 percent for the food bowl in northeast India. While agriculture experts believe the planting process will be completed even if it continues raining, land coverage does not necessarily mean the same productivity to farmers. A postponement in the sowing also means loss of p...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
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.