While the Food Safety and Standards Authority of India (FSSAI) is adopting more stringent rules and procedures for domestic products, it is changing its methodology with imports to more closely align with international norms in order to improve trade. Conflicting Assessments of This Year's Monsoon Agriculture contributes 13.9 percent toward India's gross domestic product (GDP) and employs 64 percent of the population. With 64 percent of India's cultivable area rain-fed and the other 36 percent irrigated with water that is stored during the 120-day monsoon season in dams, ponds etc., the strength or weakness of this weather pattern is significant. It affects sowing and production in the kharif season (October harvest) as well as the...
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...