The government of India (GOI) released the food grain production data last week, and estimates indicate the 2014/15 kharif production at 120.27 MMT, a 6.94 percent decrease from the 2013/14 total of 129.24 MMT. It is also 7.66 percent lower than the GOI target of 130.25 MMT. Food Grains, Pulses and Oilseeds All Below Par in 2014/15 Kharif Season The government of India (GOI) released the food grain production data last week, and estimates indicate the 2014/15 kharif production at 120.27 MMT, a 6.94 percent decrease from the 2013/14 total of 129.24 MMT. It is also 7.66 percent lower than the GOI target of 130.25 MMT. The trade believes that data is still coming in for the losses resulting from the floods in Jammu, Kashmir and Assam and tha...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
What You Need to Know Today: Wholesale inflation was flat in July, with the Producer Price Index (PPI) unchanged versus expectations for a 0.2 percent increase. Core PPI rose 0.2 percent, also below expectations. The softer inflation data has reduced the odds of a September interest rate incre...
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.