The state government of Maharashtra has assessed the weather-related crop damage there at $1.63 billion and the area affected at about 1.8 million hectares. Severe Crop Damage in Maharashtra Unseasonal rains and hailstorms in March 2014 have left many farmers in debt, which has driven at least 33 farmers to commit suicide in different parts of Maharashtra. The central and state governments have announced compensation as well as interest waivers for some areas in Maharashtra. Banks in Maharashtra have been advised to convert crop loans to three-year terms as well as provide additional loans to these farmers through next year as well.Nearly 3 million hectares of crops have been impacted in Madhya Pradesh and Maharashtra. Maharashtra's horti...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.