Low Grain Production Estimates The second estimates for India's 2012/13 grain production were released last week. Target production for the marketing year was set at 254.24 MMT, but it will not be achieved because of drought conditions that prevailed during the first half of the year and affected the October/November harvest results. Food grain production is expected to be 250.14 MMT, down from 259.32 MMT in 2011/12.While the late monsoon did not help with the October harvest, it did aid the winter harvest. Soil was in much better condition and some of the losses from the former were covered in the latter. The crops that seem to have been affected are coarse cereals, including corn, and oilseeds. India will need to import more oil to ful...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.