In spite of the contentious issues of farmer suicides, their inability to receive full price for their production and the fact that 60 percent of India's population is somehow attached to agriculture and related activities, GOI has rejected the recommended increase in the MSP for commodities. GOI against Recommended Increase in MSP The National Commission on Farmers, headed by Dr. M. S. Swaminathan, had recommended that the government base new Minimum Support Prices (MSP) of the 24 commodities on a calculation that ensures a 50 percent profit margin to farmers. The Parliament's Standing Committee on Agriculture has advised the same and also that the MSP should be regional. 60 percent of the Indian population is somehow attached to agricul...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.