India's peanut-in-shell MSP for the 2016/17 season was fixed at $629/MT in June 2016. However, GOI’s first advanced estimates of September 2016 have projected a 21.68 percent increase in kharif production versus last year. With a higher available supply now in certain areas, many of the market prices have dropped below that MSP. India’s Unsteady Sugar Situation The sugar season starts next week, and sugarcane growers have demanded a higher price for their production. The Fair Remunerative Price (FRP) was left unchanged for 2016/17 at $34.32/MT for recovery of 9.5 percent. However, the sugar mills would pay a small premium if the recovery was higher. The FRP was fixed when the price of sugar was still good and the sector was under a...
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.