India Raises Minimum Price for Rapeseed Faced with farmers protesting low commodity prices, the government of India (GOI) yesterday boosted the minimum prices of winter crops, and that of rapeseed was raised 5 percent to 42,000 rupees/MT. At the current exchange rate of 73.1 rupees per USD, that equates to $574.48/MT, which is well above the world price. Prime Minister Narendra Modi’s Bharatiya Janata Party won India’s last presidential election with overwhelming support from farmers based on a promise to raise their incomes. As global commodity prices have fallen, however, they have become disillusioned with Modi and his party. This week the government had to use tear gas and water cannons to break up protests by an estimated...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
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.