Wheat Crop Damaged as Rains Lash North and Northwestern Regions With the wheat procurement target fixed at 30-32 MMT, the recent wet spell in North and Northwestern India has jeopardized the wheat procurement program in Punjab, Haryana, Uttar Pradesh and parts of Gujarat. As of 12 April, the total procurement was 2.2 MMT.Last week some parts of the wheat belt witnessed unseasonal rains and even hailstorms, according to the Indian Meteorological Department (IMD), and the conditions may continue over the next few days. Both farmers and the government are worried as the weather will not only delay the harvest but also damage the wheat crop, reducing its quality. Regardless, the Indian government (GOI) will have to procure the wheat, even th...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.