Prices of skimmed milk powder (SMP) have soared in India. There is a shortage as the government of India (GOI) did not regulate SMP exports and the deficit may only grow. Ban on Pulses Exports to Continue Due to the domestic price increases of pulses and reports of crop damage from various parts of the country, the government of India (GOI) has extended the ban on exports, enacted in 2006/07, until further notice after discussion three months ago about lifting it. GOI will allow exports of Gram Kabuli-bold, a premium product, and has also recently permitted the export of 291 MT of pulses to Maldives under special category until 2016/17.India annually consumes over 21 MMT of pulses, but produces only 17-18 MMT and imports the rest from Aus...
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.