Prices of skimmed milk powder (SMP) have soared in India. There is a shortage as the government of India (GOI) did not regulate SMP exports and the deficit may only grow. Ban on Pulses Exports to Continue Due to the domestic price increases of pulses and reports of crop damage from various parts of the country, the government of India (GOI) has extended the ban on exports, enacted in 2006/07, until further notice after discussion three months ago about lifting it. GOI will allow exports of Gram Kabuli-bold, a premium product, and has also recently permitted the export of 291 MT of pulses to Maldives under special category until 2016/17.India annually consumes over 21 MMT of pulses, but produces only 17-18 MMT and imports the rest from Aus...
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.