Bloomberg reports a dramatic increase in hunger in India last year due to the economic losses from COVID. The Centre for Sustainable Employment in India believes that 2021 will be worse because now savings have been depleted. Meanwhile, India’s agricultural exports have increased by over 17 percent in fiscal 2021. The U.S. is the largest imported of food from India. Despite ranking amongst the worst nations in the world for hunger, India has been a net exporter of food since 1991. Commerce Secretary Anup Wadhawan credits the growth in India’s agricultural exports, despite pandemic disruptions, to policy interventions by the government and the expansion of products into new markets. Because of the contradiction of having a natio...
Commodity markets – being composed primarily of human beings – reflect the impatience and forever forward-looking nature of humans. In the present case, this means that while the September WASDE offered some much-needed and much-desired updates, markets are now focused on that etern...
The Bureau of Labor Statistics (BLS) reported this morning that August’s rate of inflation was 0.4 percent, holding steady at 3.4 percent for the year. That matched analysts’ pre-report expectations and was even with July’s rate of 3.4 percent. For the year, food was up 2.7 pe...
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.