It is the end of the corn season, and India does not have any surplus of stocks despite farmers increasing the planted area in response to market developments. Prices would typically move up, but there is a factor preventing that. Plentiful Pulses, Lower Prices A good monsoon season and higher Minimum Support Price (MSP) for pulses have led farmers to plant more area under that crop. While this may bring down overall prices for consumers and the government can take credit for keeping inflation low, the losers would be those farmers who will have to sell pulses at the open market price. Furthermore, the state government may not purchase all pulses at the MSP. This is an issue of market dynamis as the farmers respond to high market pr...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
Key Market Insights Macros: Inflation isn’t cooling — it’s moving higher again. March PCE inflation (Personal Consumption Expenditures index — the Fed’s preferred measure of inflation) rose 0.7 percent month-over-month, pushing the annual rate to 3.5 percent, the h...
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.