Coffee Consumption Changing in India Starbucks, the U.S.-based coffee giant, and Tata Coffee have finally agreed to forge an alliance, and are likely to open outlets by this year-end when the modalities are finalized. Starbucks also has a proposal to source its coffee from Tata for its global operations. The memorandum of understanding (MOU) was signed about two years ago.With the government of India's (GOI) current policy to allow a 100 percent foreign direct investment (FDI) in single brand retail, Starbucks could very well use this partnership to enter India. While Starbucks sells coffee in about 55 countries, Tata Coffee is one of the largest integrated coffee plantation companies in the world, with 19 coffee estates spread across 8,...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.