India's Economic Growth: Drastic Need for Reforms The Prime Minister's Economic Advisory Council (PMEAC) last week pegged India's GDP forecast at 6.7 percent, which is higher than last year's 6.5 percent. This prediction comes despite the fact that the year 2012/13 is expected to be a turbulent one due to a shortfall in rains that is bound to lower the agriculture sector growth to 0.5 percent. In 2011/12 the agriculture sector grew by 2.8 percent. As per the Centre for Monitoring Indian Economy (CMIE), food grain production is likely to be down by 2.3 percent, and coarse cereals and pulses production is likely to be affected more than any other crops.The reduced monsoon is likely to keep food prices higher, especially fruits, vegetable...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.