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Rice not Nice

India’s rice subsidies were again a complaint today at a hearing before the Senate Agriculture Committee. India’s rice exports have increased by a fifth over the past decade with all of it being moved into the export market. New Delhi’s rice subsidies have been part of a long-running complaint India has involved the “Peace Clause” first erected at the Bali Ministerial and claims the subsidies are necessary for food security. However, complainants say the rice is not going into public stockholding for food security but has been exported and below market price levels. India controls half the global rice trade and it is estimated that more than 80 percent of the price is subsidized. Meanwhile, Indian Prime Minist...

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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.

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