Corn has been a golden grain for the farmers in most states, but lower prices during harvest and higher ones for other crops may induce them to shift to more lucrative choices. Meanwhile, growth in two sectors is expected to create higher demand. Looming Drought-Like Situation Returns to South India India’s overall monsoonal rains are 2 percent above average as of 21 July, but parts of the southern peninsula have not received enough. South interior Karnataka has a deficit (25 percent) as do some major corn-growing areas such as Haveri, Dharwad, Raichur and Hassan (26-50 percent). Even those parts receiving somewhat better rains have deficincies, including Dakshin Kannada (19 percent), Davangere, (17 percent), Shimoga (13 percent), Chitrad...
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.
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...