Indian wheat prices continue to move upward in the midst of high quality (high protein) imports from Australia. There is a demand from the Food Corporation of India (FCI) to impose a 10 percent duty on all wheat imports as it is concerned it will not be able to sell the low grade wheat under the Open Market Sale Scheme (OMSS). Higher Indian Wheat Prices; Imports Restricted Indian wheat prices continue to move upward in the midst of high quality (high protein) imports from Australia. There is a demand from the Food Corporation of India (FCI) to impose a 10 percent duty on all wheat imports as it is concerned it will not be able to sell the low grade wheat under the Open Market Sale Scheme (OMSS) if the private sector continues to purchase...
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.
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...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...