With prevailing heat wave conditions and indications of a delayed monsoon, several Indian states have issued an advisory stipulating a delay in crop plantings and financial penalties for those farmers choosing to ignore the alert. Hot Summer Ahead for India With the approach of June, India awaits the monsoon, which the Indian Meteorological Department (IMD) indicates is delayed. Heat wave conditions prevail in the Gangetic Plains of India and states such as Uttar Pradesh, parts of Bihar, West Bengal, Jharkhand, Odisha and sections of central India (Madhya Pradesh). The temperatures are expected to be 43–45°C (109.4–113 °F). There are areas where the temperature is forecast to be 48°C (118.4°F), especially in Rajasthan. The weather i...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.