The federal and state governments have been unable to buy grain/oilseeds/pulses at the declared MSP, and GOI wants the private sector to lower the prices of inputs. Meanwhile, today it released the final 2017 MSP for various ag commodities, which were not as expected. Sugar Prices Continue Downward Trend with Higher Production Expected Sugar prices are showing a downward trend as a good monsoon gathers pace and sugarcane planting progresses. In fact, they will probably drop further as the new sugar season starts in October 2017 and a higher volume is likely to be produced. The industry is already being affected as the sugar mills are currently closed and will only start operations on 1 October. The price of sugar has dropped 5.65 percent...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.