U.S. Secretary of State Antony Blinken visits Indian Prime Minister Narendra Modi this week but do not expect any help for U.S. farmers. The two plan to talk about China, bilateral defense ties, regional peace, and other geopolitical matters. There is no indication that the Biden Administration will press New Delhi on the more difficult topic – a skewed economic relationship. India proclaims to be a developing country and administers some of the world’s highest imports tariffs while manipulating its policies to boost exports. The result is a persistent agricultural trade surplus. U.S. agricultural exporters have low confidence in being able to build a market in potentially the world’s most populace country due to th...
There are plenty of major headlines moving across the markets today, but the reaction beneath them remains cautious. Crude oil is holding steady despite reports of progress involving the Strait of Hormuz, corn and soybeans remain tied to changing weather forecasts, and wheat continues to weigh...
Key Takeaways: Sugarcane is the world’s largest crop by total production volume, surpassing major commodities such as corn, wheat, and soybeans, and supplies roughly 80 percent of global sugar production. Sugarcane’s perennial growth cycle allows farmers to harvest multiple crops f...
What You Need to Know Today: U.S. Treasury Secretary Bessent said the U.S. and Iran could “today or tomorrow” reach a deal to reopen the Strait of Hormuz. Despite the Secretary’s claims, an attack on a vessel off the Omani coast suggests plenty of risk remains in forming a lo...
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.