India is importing corn for the first time in 16 years, limited for use by only actual end users. Non-GM is specified and is being sourced from Ukraine. However, some are not interested due to the pricing. Ukrainian Corn Imported for Actual Users; Domestic Prices Stumble It appears that India’s attempt to import corn after 16 years is going well. The final contract has been awarded to Daewoo International for 225,000 MT. The stipulated quantities were reduced for some ports as the actual users were not interested in buying due to the pricing. Meanwhile, domestic prices have started a downward trend since the good response to the tender.Because the imports were authorized specifically for actual users, the Directorate General of Foreign T...
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...
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.