While India wants to liberalize trade with other nations, it has also come out strongly against the WTO and asserts that it is the organization itself that has created hurdles, held up talks and is not working toward finding an amicable solution to the food security concerns of India and other developing nations. Flash Floods and a Low Monsoon Negatively Impact Indian Agriculture A flurry of floods in areas of Uttar Pradesh, Uttarachal, Bihar and Assam damaged a number of crops, including paddy and some oilseeds. Flooding has affected 65,000 hectares of paddy and nine districts overall in Uttar Pradash and the paddy crop in Odisha as well as mostly seasonal vegetable crops and 13 districts in Bihar where prices have skyrocketed. The coast...
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.
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...