Heat wave conditions are prevailing across India, strongly impacting poultry farmers as well as dairy operations. There are also implications for crops with limited water resources availalbe and little relief expected from the pending monsoon. Overproduction Keeps Sugar Prices Depressed Sugarcane is called a "Lazy Man's Crop." This is because once it is planted, two crop cycles can be taken and not much care is required. As India is the largest consumer of sugar, there is a belief that it will be able to consume all that is produced. There is also a mechanism of assured pricing for sugarcane, set by the states, even though it may not be profitable for the sugar mills to pay such high amounts. According to the latest data from the Indian S...
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...