Corn prices in India continue on an upward trend as both supplies and hope for good availability next season dwindle. Similarly, egg prices are also on the rise due to conditions that are impacting the production regions for both sectors. India's Worsening Cotton Situation Available sowing data indicates that India's cotton acreage of 10.191 million hectares on 31 July 2015 was 2.79 percent lower than a year ago. There is still time for additional planting, and the Cotton Association of India (CAI) expects that the total area will ultimately be similar to last year's. Production is expected to reach 38.275 bales (same as 2014/15), far more than the domestic requirement, and prices are bound to crash again in 2015/16. The Cotton Corporatio...
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.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...