Although India expects to produce a larger soybean crop in 2016, its protein meal exports continued to drop in May as a lack of supply and high prices made its soymeal noncompetitive. Meanwhile, its high soybean prices are benefiting another country. India’s Protein Meal Exports Continue to Decline India’s protein meal exports continued to drop last month as a lack of supply and high prices made its soymeal noncompetitive. The country’s Solvent Extractors Association indicates only 7,737 MT of protein meals were exported in May, down from 90,042 MT in the previous month and 121,339 MT in May 2015, while soymeal exports totaled just 1,015 MT, a decrease from 1,442 MT in April and 14,046 MT in the same month a year ago.Because of two poor s...
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.