Reports indicated that the global pandemic caused a resurgence in the consumption of orange juice under the belief that its high vitamin C content strengthens the immune system. If there was a rebound, it was a small and short one. Between 2014/15 and 2018/19, global orange juice consumption fell on an annual average of -3.86 percent. From 2018/19 to 2019/20, consumption increased by a modest 0.07 percent. However, this year’s estimate is that consumption will resume declining, losing -1.61 percent in demand destruction. While the vitamin C is good and the pulp supplies roughage, consumers typically view it as having a high sugar content. Many other juices have higher sugar content, including pomegranate, mango, cranberry (adde...
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.