Wrong Moves Could Lead to Market Discrepancies Why would the Indian Ministry of Agriculture and Food want to hike import duties on pulses from a rate of zero to 7.5 percent when imported commodities are already expensive because of a weak rupee? The Commission of Agricultural Costs and Prices had recommended a 10 percent import duty, and the Ministry of Food had asked for a 7.5 percent duty. Any hike conflicts with the Ministry of Finance notification issued on 26 March 2013 that allows for the duty-free import of pulses through 31 March 2014.The thought behind this action is that coupling the previously announced higher minimum support price (MSP) with a higher duty on the cheaper imported pulses will encourage farmers to grow more cr...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.