High prices of pulses, the main vegetable protein for Indians, have led to higher wholesale and retail inflation. This has prompted GOI to enact certain measures to address this problem. Dry Weather Conditions to Impact Corn and Soybean Production As India’s monsoon is starting to retreat, it appears that the accompanying rains are currently 5 percent deficit. An Indian Meteorological Department (IMD) report suggests that the rainfall in September, the last 30 days of the four-month rainy season, could be 15 percent deficient as the La Nina weather system did not develop. The dry weather conditions could decrease the yields of kharif crops that are at maturity and will soon be ready for harvest. Low soil moisture could also impact the sow...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
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.