India is set on fulfilling its fuel blending mandate and has plans to achieve up to 20 percent ethanol blending in the near future. However, there are several factors and/or obstacles that must first be considered. Soy Plantings Lagging; Prices Down Ministry of Agriculture data indicates that the area under soybeans as of 28 July totaled 9.566 million hectares, 10.31 percent less than the 10.666 million hectares planted a year ago.There could be several reasons for the decline with ending stocks of nearly 1.83 MMT weighing on prices.The Soybean Processors Association of India (SOPA) estimated the country’s 2016/17 soybean production at 11.49 MMT, carryover at 0.441 MMT and total availability at 11.931 MMT. It projected that 8.5 MMT will b...
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.