Food Grain Production Down, Rainfall Deficit at 7.6 Percent The government of India (GOI) last week released its first 2012/13 crop and grain production estimates for the October harvest. Grain production is expected at 117.18 MMT, lower than last year's (2011/12) fourth estimate of 129.94 MMT, with a differential of 9.82 percent. Food grain production in October is expected to be lower than the government's target of 129.02 MMT (down 9.18 percent).Production is expected to be lower for all grains, pulses and oilseeds from anywhere between 3.83-30.53 percent from the target, and is expected to be lower than last year's October harvest by 6.49-34.33 percent. Coarse cereals production is expected to be 26.33 MMT, lower than last year's pro...
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.