Due to the Indian monsoon's slow start and its current lull as well as the delayed sowing, some of the major crops' yields could be small. India also may not be able to export wheat or rice because of this and a slump in world prices. India's Approaching Economic Turnaround While the Consumer Price Index (CPI)-based inflation rate rose to 7.96 percent in July 2014 from 7.46 percent the previous month, rural inflation stood higher at 8.45 percent against 7.42 percent in urban areas. However, urban inflation was 10.18 percent a year ago (July 2013), higher than the 9.14 percent in villages. The Wholesale Price Index (WPI)-based inflation dropped to 5.19 percent in July from 5.43 percent the month before, and food inflation increased to 9.36...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.