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wheat farm-inputs softs

Indian Subcontinent Regional Analysis

India Wheat Export Value Reduced – Local Prices Higher As the sowing season for wheat neared, GOI increased the Minimum Support Price of wheat to 14000 rupees ($225)/MT. The export price (benchmark FOB basis of GOI stocks) was set for some time at $300/MT and there were no bids. The trade's opinion was that a price of $260-270/MT was more realistic and, based on the market feelers, GOI reduced the export price by $40/MT to $260/MT this week. The State Trading Enterprises (STE), such as the State Trading Corporation (STC), Mineral and Metals Trading Corporation (MMTC) and PEC Limited, last floated tenders for export of 0.16 MMT and had received bids varying from $260–267/MT. There is ample wheat available in the international market and...

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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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