India and the U.S. have continued to build their relationship, but the issue is the trade deficit that favors the former. The U.S. could impose restrictions on Indian products to bridge the gap, but there is an alternative policy that India could implement. Pulses Exports Allowed After an 11-Year Ban Having placed a curb on the import of pulses that is likely to help support prices, the government of India (GOI) is now allowing their export. However, this applies to only a few varieties, including pigeon pea, moong bean and black lentil. The export ban was implemented in 2006 and has remained as the pulses prices in India fell below the Minimum Support Prices (MSPs). Although the overall pulses area in the 2017/18 khariff season is down 3...
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.