India's rapeseed and mustard seed prices are now rising in tandem with demand due to the non-availability of other oilseeds, while mustard seed oil is also finding support. Drought Looms Large Against Larger Sown Area 42 percent of India has received scanty rainfall during the 1 June-3 September 2015 period with the southern peninsula the driest at 22 percent below normal. Other areas where the situation is very critical are Maharashtra's Marathwada, western Maharashtra and northern interior Karnataka. This still does not qualify as a drought year, however, as the deficiency must be more than 12 percent in order to be labeled such, and the average is exactly at that percentage point. The August rains were 22 percent below normal.Consideri...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
From WPI Consulting
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.