India's pulses crisis is expected to escalate as the new crop will only arrive at the market in April/May 2016, and the government will need to import additional supplies to meet demand. India Expected to Import More Pulses The Ministry of Commerce stated that India imported 2.237 MMT of pulses (lentils), estimated at a value of $1.612 billion, during April-September 2015. This was its response to a question posed to Parliament regarding what the government is doing to reduce the prices of that commodity. In 2014/15, it imported 4.584 MMT or 382,000 MT/month, but that has dropped slightly in the first six months of 2015/16 to 372,000 MT/month. However, the volume could rise if the rabi crop is negatively impacted by weather.In 2014/15, t...
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.
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away from oil and the UAE’s departure from OPEC. Meanwhile, the Palestine issue has been deprioritized, and Iran has emerged as more destabili...
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...