Low Grain Production Estimates The second estimates for India's 2012/13 grain production were released last week. Target production for the marketing year was set at 254.24 MMT, but it will not be achieved because of drought conditions that prevailed during the first half of the year and affected the October/November harvest results. Food grain production is expected to be 250.14 MMT, down from 259.32 MMT in 2011/12.While the late monsoon did not help with the October harvest, it did aid the winter harvest. Soil was in much better condition and some of the losses from the former were covered in the latter. The crops that seem to have been affected are coarse cereals, including corn, and oilseeds. India will need to import more oil to ful...
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.