India imported 1.337 MMT of vegetable oil in November 2015 versus 1.189 MMT during the same month a year ago, which has pulled prices down. While this may be good for consumers and the trade, there is no benefit for the domestic solvent extraction companies that focus on selling oil and de-oiled cakes. Sugar Industry Remains under Pressure The Indian Sugar Manufacturers Association (ISMA) has asked the government of India (GOI)/Ministry of Commerce to sign a bilateral agreement that would encourage neighboring countries, especially Bangladesh and Sri Lanka, to buy sugar from India. For many years, it was the sole supplier to those two countries with annual exports totaling 2.2 MMT. More recently, however, neighboring countries have starte...
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: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away from oil and the UAE’s departure from OPEC. Meanwhile, the Palestine issue has been deprioritized, and Iran has emerged as more destabili...
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...