The government of India (GOI) is taking certain steps to help the domestic sugar industry with its surplus supply. Production continues to far exceed local demand as sugarcane is a sturdy crop that can withstand water stress, which is an issue with the deficient monsoon. Receding Monsoon's Rain No Respite from Drought Drought is taking its toll on the rural economy with household incomes in that segment likely to drop even though there is hope that India's 2015/16 gross domestic product (GDP) will show 7 percent growth. The rural areas' overall household consumption growth in fast-moving consumer goods (FMCG) was more than twice as much as in urban sections during the January-June 2015 period. However, the agricultural situation looks ble...
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...