Corn arrivals have started in Andhra Pradesh, Karnataka, Telangana and Maharashtra, but the prices farmers are receiving are not in accordance with the government-set MSP of 13,100 rupees/MT (approximately $ 211/MT). India Approaching a Cotton Glut – Prices Crash India's cotton production peaked in 2013/14 at 37.5 million bales (170 kg per bale) compared with 14 million in 2000/01 and will probably reach 40 million bales in 2014/15. The Cotton Corporation of India (CCI), which is a part of the textile ministry, indicates that the total supply for 2014/15 is likely to be 46 million bales including opening stocks of 6 million bales. The government of India's (GOI's) first production estimate is 35 million bales, which the trade considers to...
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.