GOI has issued a new seed price control order, effective March 2016, which aims to fix the sale price of cotton seed (with GM technology) as well as control the licensing fee. This is not limited to cotton, although that is currently the only GM crop in India. Vegetable Oil Prices Crash High rapeseed/mustard oil prices affected demand over the past few months, especially during the festival season in November 2015 through early December. That led consumers to use other oils, and the rapeseed/mustard oil prices have since been following a downward trend. The new rapeseed/mustard crop is expected in February/March 2016, and that will keep prices down despite its smaller planted area and the reduction in other oilseed plantings. In addition...
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...
All eyes are shifting to the Senate following the House passage of a farm bill last Thursday. Senate Agriculture Committee Chair John Boozman (R-Arkansas) is targeting the end of May or early June for a bill markup. According to Boozman, the House “going ahead and passing something was re...
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.