According to a recent report, India’s broiler industry is on a growth path in 2017/18. However, it is also under immense pressure from various sources as new data reveals a critical issue. Stock Limits Imposed on Sugar to Control Prices With low output in sugar year 2016/17 (October-November), new sugar arrivals not expected until November 2017 and the early festival season in September/October, the government of India (GOI) is limiting the volume of stocks that sugar mills/manufacturers can hold. Of their total production for the current year, they will be allowed to retain 21 percent for September and 8 percent for October. This would mean that millers will need to offload stocks in the marketplace, which would effectively keep prices i...
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: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...