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...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
Beef packer margins declined to $190/head last week, down $32 from the prior week as the Choice cutout weakened while fed cattle prices remained steady. The cutout fell $2.56/cwt to $373/cwt while fed cattle prices held near $220/cwt, narrowing packer spreads after several weeks of improvement...
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.