World Perspectives
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Indian Subcontinent Regional Analysis

Low Grain Production Estimates The second estimates for India's 2012/13 grain production were released last week. Target production for the marketing year was set at 254.24 MMT, but it will not be achieved because of drought conditions that prevailed during the first half of the year and affected the October/November harvest results. Food grain production is expected to be 250.14 MMT, down from 259.32 MMT in 2011/12.While the late monsoon did not help with the October harvest, it did aid the winter harvest. Soil was in much better condition and some of the losses from the former were covered in the latter. The crops that seem to have been affected are coarse cereals, including corn, and oilseeds. India will need to import more oil to ful...

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Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.215/bushel, up $0.065 from yesterday's close.  Nov 25 Soybeans closed at $10.335/bushel, up $0.0825 from yesterday's close.  Dec 25 Soymeal closed at $287.7/short ton, up $1.9 from...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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