India’s production of major oilseeds increased by around 6 percent over the past decade at the same time its population advanced by 9 percent. Although New Delhi restricts vegetable oil imports, particularly soyoil, to protect its domestic crushing industry, imports are significant and have been growing especially for sunflower oil. Although some GMO soybeans are said to be illegally imported, production of them is banned. As a result, soybean yields in India are only about a quarter as large as those in Brazil and the U.S. The disparity between demand, domestic production, and imports means that at some point India will need to legitimize the production of GMO soybeans since increasing import dependence in a country focused on...
What You Need to Know Today: The September Cattle on Feed report was strongly bullish, with both the 1 September on-feed inventory and August placements coming in well below average expectations and below the bottom of their respective pre-report estimate ranges. China continues to buy U...
Given yesterday’s headlines, today’s market action may not be what many expected. The dollar is little changed, crude oil is pulling back and stocks are trading higher. Crude may be the biggest piece of today’s reversal. Saudi Arabia is offering additional crude to Asian buyer...
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.