Foreign Investors Remain Bullish on India Reports from Reserve Bank of India (RBI) indicate that India's Foreign Exchange Reserves had declined by $14.25 billion for the last six weeks. The deterioration was due mainly to the revaluation of non-dollar assets and the sale of dollars by the central bank to curb the rupee's slide. New data available suggests that India's foreign exchange reserves increased by $731.8 million to $293.25 billion for the week ending 20 January; foreign currency assets, the biggest component of the forex reserves kitty, increased by $704.6 million to $259.50 billion.While recession is pending in the EU, reports from the recently held World Economic Forum (WEF) indicate that India's growth story is still intact;...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Key Takeaways: Peace at last in the Persian Gulf? Over the weekend, the U.S. announced and Iranian officials confirmed a peace agreement, with formal ratification set for Geneva on 19 June. The announcement means the Strait of Hormuz is set to reopen fully and toll-free within 30 days.&n...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
Key Takeaways: China has invested heavily in the Port of Chancay to strengthen trade links between South America and Asia. The port could reduce shipping times to China by up to two weeks and improve export competitiveness. Inland transportation infrastructure remains the primary obstacle to r...
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.