World Perspectives
soy-oilseeds wheat livestock

Indian Subcontinent Regional Analysis

Government Increases Assured Wheat Price The Indian government (GOI) last week increased the minimum support price (MSP) for wheat by $11.81/MT, an increase of 5.05 percent. The new MSP will be 13,500 rupees ($245.45) per MT for wheat from the 2013/14 crop. Some say the price increase is a political compulsion and many are opposed to it. The state government, for example, wanted the MSP at 18,000 rupees ($327.27) per MT, which includes all input costs such as diesel, fertilizer, land rental and hiked labor costs. The GOI also allowed an additional 2.5 MMT of wheat from warehouses to be exported in an effort to clear space for the new crop. There are still three months before new crop arrivals begin. According to government statement, the...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Week and a Mixed Outlook

This is the limbo period between the expectations and reality of a new crop going into the ground. Prices gyrate in a narrow range, awaiting something more definitive than planting “intentions.” The bears see a planting pace off to a quick start, the bulls see ground that in many pl...

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May 26 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 26 Wheat closed at $6.2025/bushel, up $0.1325 from yesterday's close.  May 26 Soybeans closed at $11.5975/bushel, down $0.0475 from yesterday's close.  Jul 26 Soymeal closed at $316.5/short ton, up $0.2...

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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.

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