India's milk production is declining, and prices are rising with the approach of summer when demand typically increases. Stocks of skimmed milk powder (SMP) are also diminished because of the large volume exported as a result of higher global prices. Milk Prices Increase Again As summer once again approaches, the milk shortage is looming. Temperatures have affected the availability of green fodder, which has negatively impacted production. Independent farms (one-five animals) have seen a decrease of almost 30 percent. These animals are mostly fed dry fodder and are taken out for grazing. The balanced ration (concentrate) is just enough for maintenance. In most cases, farmers do not provide enough feed and that ultimately impacts productio...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.