There have been discussions about conducting an audit of the Food Corporation of India (FCI), which does not know how many stocks it is actually holding. If food grain production declines in 2014/15 and the audit finds much lower procurement as well as irregularities within FCI's reporting/recording system, there could be a disastrous outcome for India. Tracking the Monsoon and Hot, Dry Weather It does seem that the monsoon has missed India. The overall deficit may be 18 percent, but the current break in the monsoon that is causing a dry spell over parts of northwest India might continue for the next 10-15 days, according to the Indian Meteorological Department (IMD). This is likely to threaten the region's yields of major crops like puls...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
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...