Pulses are becoming more of a luxury food item than a stable protein in India as both demand and prices continue to rise. Similarly, poultry and dairy farmers are facing a major problem regarding the protein needs of animals. Protein Crisis in Food Even though the importation of pulses (dals or lentils) continues and 5,000 MT have arrived at the ports India with another 2,000 MT in transit, prices continue to move up. The government of India (GOI) plans to import an additional 2,000 MT, which will be sold at government-certified stores to its employees and the general public.Pulses are a staple of the Indian diet with tur dal (pisum sativum or pegion pea) particularly in great demand in south India. Its retail prices are at a high o...
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...