India is likely to produce 263.2 MMT of food grains in 2013/14. This is greater than the target of 259 MMT established by the agriculture ministry in September 2013 and the 257.13 MMT produced last year. Food Grains Production–Second Estimates India is likely to produce 263.2 MMT of food grains in 2013/14, which includes the khariff already harvested and the rabi crops currently in the field. This is greater than the target of 259 MMT established by the agriculture ministry in September 2013 and the 257.13 MMT produced last year. Rice production is expected to be 106.19 MMT and wheat production should reach 95.60 MMT, a record level but lower than earlier estimates of 98-100 MMT. Corn is also forecasted to have a record production of 23.2...
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.