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softs

No Rice Crisis

The Economist magazine notes that rice yields are not improving very quickly and that the International Rice Research Institute says that it is the food commodity perhaps most vulnerable to climate change. It is also a major contributor to climate change due to its methane emissions and yet consumers will demand 30 percent more rice by 2050. First, it is difficult to say that climate change has slowed rice yields. Pakistan is the only major supplier with a drop in yield due to flooding last season. Rice varieties and cultivation are more tradition-bound, removing the potential for technological improvements.   India supplies over 40 percent of the world’s traded rice and its yield increases have been average a respectable 1...

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FOB Prices and Freight Rate App (Updated 19 April)

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Interactive Ocean Freight Rates (Updated 19 April)

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feed-grains soy-oilseeds wheat

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softs

An Era up in Smoke

British Prime Minister Rishi Sunak has proposed that anyone turning 15 years of age or younger in 2024 will be banned forever from purchasing cigarettes. Eash year, the age restriction will be raised by one year. The bill also makes vapes less appealing. The goal is to start the first generatio...

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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.

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