Unseasonal precipitation across much of India is impacting many crops, particularly wheat, fruits and vegetables. In turn, that is expected to continue affecting spot prices as well as rural demand for other items. Unseasonal Rains Could Lead to Higher Food Prices and Affect Rural Demand The unseasonal rains are not over yet with widespread precipitation across northern, western and central parts of India during the second week of March, most notably in Rajasthan, Maharashtra and Madhya Pradesh. There was also snowfall in parts of Jammu, Kashmir and Himachal Pradesh that could impact food grain production, particularly wheat in Madhya Pradesh and Maharashtra. Meanwhile, fruits like apples, cherries, pears and grapes have suffered losses f...
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.