India’s rice exports have been lower in 2016/17, but its non-basmati varieties are expected to do better in 2017/18 and find a market in Bangladesh as well as possibly Nigeria. However, basmati could lose the EU market because of a new policy. Pulses Prices Continue to Slide; Planted Area is Up India’s pulses demand is 24-25 MMT, and the ag minister has stated that the country would become “self-sufficent” production-wise in coming years. However, it does not appear that this will happen rapidly. Prices of the three main pulses are all currently lower.Black lentil (urad) prices are down 41.55 percent from the January 2017 peak, 30.76 percent below the seasonal average achieved in April 2017 and 20.37 percent less than the announced 2017/1...
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...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.