The government of India (GOI) released the 2nd Agricultural Production Estimates for the 2015/16 crop on 15 February 2016, which includes the rabi season (April harvest). Despite low moisture levels for that crop and the drought conditions during the kharif season (October harvest), the food grain production forecasts are encouraging. 2015/16 Agricultural Production Estimates Exceed Expectations The government of India (GOI) released the 2nd Agricultural Production Estimates for the 2015/16 crop on 15 February 2016, which includes the rabi season (April harvest). Despite low moisture levels for that crop and the drought conditions during the kharif season (October harvest), the food grain production forecasts are encouraging at 253.16 MMT...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.