The Indian government is likely to implement an import tax of 20 percent on wheat, making it more cost effective to transport wheat across India than import it. Elsewhere, pulse prices are lower than the stated support price, necessitating government intervention. Monsoon season over; rains 5 percent below normal India’s four-month monsoon season officially ended on 30 September 2017. Overall, it was a good monsoon with rains reaching 5.2 percent below the long-term average (LTA), with the deficiency showing up in the second half of the season. It was, however, a patchy monsoon. The first half of the monsoon gave only deficient rains in the southern belt (Karnataka, Tamil Nadu and Kerala) and a turnaround was seen in the second half, fina...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.