Effects of Excess Rainfall Per the Indian Meteorological Department (IMD), the entire country received 106 percent of its Long Period Average (LPA) rainfall for the season (June-September). The seasonal LPA for central India was the highest at 123 percent. A maximum number of soybean crops are grown in this region (noted inside the red circle on the map below) and the excess rain has caused major damage to some areas.This has resulted in a limited quantity of pods that are also too small and immature. Central and eastern Madhya Pradesh are more affected than northern and western Madhya Pradesh. The trade has estimated the soybean crop at 11–12 MMT against the government of India (GOI) estimate of 15.46 MMT.Because of the damage, arriva...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
Just when we thought it was safe to step outside and enjoy some certainty in the world of international commerce, the Trump Administration announced on Thursday afternoon a barrage of tariffs on 60 countries based on its recent Section 301 investigations. Section 301 permits the executive branc...
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.