Brazil produces more than a third of the world’s oranges and controls 70 percent of global exports. This drought, plus disease and other issues has caused production to fall by nearly a quarter. As a result, prices have spiked. It may not be a proxy for soybeans and corn since oranges are grown in Sao Paulo and Mineas Gerais, which are east of the south central row crop areas. But this year’s weather at least rhymes across the whole south central part of the country. The shortage will most impact the EU, which is the largest importer of both oranges and orange juice. Amongst the larger importing countries, consumption has been trending lower in the U.S. and China, and is flat in Russia, but Europe and Saudi Arabia are big and g...
Brazil’s broiler exports are up 29.9 percent by volume in July and up 43.3 percent in value, and for the January through July period, exports rose 15.2 percent by volume and 19.3 percent in value. China was the top customer in July with 75,000 MT after being closed in July 2025 due to HPA...
Key Takeaways: Dry bulk markets are mixed this week with larger vessel classes seeing strong demand from iron ore and coal while Supramax and Handysize rates remain steady. Congestion at the Panama Canal has eased but forward booking slots are showing signs of bottlenecks as draft levels...
Key Takeaways: Ghana’s new law classifies all cocoa plantations as “protected farms,” which carries significant implications for farmers. Chief among these implications is the inability to switch area under cocoa to other crops, even when economic or biological conditio...
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.