The federal and state governments have been unable to buy grain/oilseeds/pulses at the declared MSP, and GOI wants the private sector to lower the prices of inputs. Meanwhile, today it released the final 2017 MSP for various ag commodities, which were not as expected. Sugar Prices Continue Downward Trend with Higher Production Expected Sugar prices are showing a downward trend as a good monsoon gathers pace and sugarcane planting progresses. In fact, they will probably drop further as the new sugar season starts in October 2017 and a higher volume is likely to be produced. The industry is already being affected as the sugar mills are currently closed and will only start operations on 1 October. The price of sugar has dropped 5.65 percent...
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...