Sorghum marketers often characterize their commodity as an ancient grain that is drought tolerant. They deflect comments that it is an orphan crop, grown locally for local consumption. They may agree it is under-utilized. In fact, a slightly higher share (16 percent) of world sorghum production is exported than that of its key rival, corn (15.5 percent). But many of the countries producing sorghum are poorer countries that consume the crop mostly domestically (e.g. Nigeria, Mexico, India, Ethiopia, Sudan). Global exports of sorghum are dominated by three countries, the United States, Argentina, and Australia. The U.S. produces around 13 percent of the world’s sorghum and supplies 56 percent of the world's imports. However, U.S. product...
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.