Government Skewing The Indian government proclaims food insecurity and demands the right to build a domestic food stockpiling mechanism. At the same time, the country consistently runs a large food trade surplus. Now New Delhi is planning a program to increase the production and export of high-value agricultural products. The Crop Care Federation of India (agro-chemicals) has suggested that the government require countries supplying industrial equipment be required to accept an equivlent value of agricultural products from India. Then there is the Philippines, which plans to spend $10 million to boost the consumption of domestically-produced corn in a substitution bid to stop the importation of foreign rice. The Chinese are so insecure tha...
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.
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...