Before the rabi planting season begins, the government of India (GOI) has announced the Minimum Support Prices (MSP) for the crops that are grown such as wheat, lentils (including gram), barley and oilseeds. Expensive Corn, Cheap Starch India’s corn starch industry is battling for survival, especially in states where corn is not produced. The open market corn prices in key consumption states have moved up to $240/MT and are expected to reach $250/MT by December 2015/January 2016. Maharashtra is one key state that supplies corn to Gujarat and is also receiving stocks purchased from Madhya Pradesh, a centrally-located state where production has been up. The starch industry uses 2.7 MMT of corn per annum, and prices had been stable at $220/M...
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.