India's Food Grain Production to Jump India may witness another record food production in 2011/12 amid favorable weather, especially in the wheat growing areas. The food grain production could touch an all-time high of 250.42 MMT against last year's 244.78 MMT. The major gainers are wheat and rice. Production of wheat is estimated at 88.31 MMT against last year's 86.87 MMT, while rice production is estimated at 102.75 MMT against last year's 95.98 MMT. The cotton output is also projected to be higher at 34.09 million bales against last year's 33 million bales of 170 kg each.There is no doubt that this record high production will help the government of India (GOI) implement its Food Security Bill, wherein 62.5 percent of the population ha...
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.