Indian Wheat Poised For Better Price Recovery Following up on the story from 7 January 2013, the current weather conditions in North India are optimal for the wheat crop. If the current cold weather continues to prevail, wheat production will surpass all records. Last time there were untimely rains that affected harvest, and at one point temperatures were so high during maturity that grains were shriveled. There is no such possibility this season, and a higher grain production of 93.90 MMT is still expected, as per USDA's WASDE report. The report is being keenly followed by Indian traders and those who are interested in the wheat market.If the government (GOI) is to get rid of the huge wheat stocks it has amassed and sell in the open mar...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.