With the IMD predicting a 56 percent probability of a deficient or below-normal monsoon for India, the impact on the farm sector and the country's overall economy would be significant as agriculture's share of the country's GDP is 12 percent. Soyoil Imports to Rise and Prices Increase India is likely to import 1.5 MMT of soyoil during MY 2013/14, compared with 1.09 MMT in MY 2012/13. It imported 339,000 MT of degummed soyoil in the first four months of the marketing year, November 2013-February 2014, and 189,000 MT in March 2014 for a five-month total of 528,000 MT against 248,000 MT during the same period a year ago. 1 MMT could be reached in the next seven months.The Solvent Extractors Association (SEA of India) projects almost an 8 per...
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.