Food Security Bill Update The much anticipated national food security bill aims to provide and distribute 24 kilograms of food grains at a subsidized price to 68 percent of the population. Specifically, rice will be available at 3.00 rupees per kilogram, wheat at 2.00 rupees per kilogram and coarse cereals at 1.00 rupee per kilogram. The bill originally was to be introduced during Parliament's winter session, but because the Parliamentary Committee failed to submit its report, it now will be introduced in the February 2013 budget session.India's Public Distribution System (PDS) currently provides food grains to 65.2 million beneficiaries below the poverty line and 110.5 families (nearly 550 million people) above the poverty line, totalin...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.