India's pulses crisis is expected to escalate as the new crop will only arrive at the market in April/May 2016, and the government will need to import additional supplies to meet demand. India Expected to Import More Pulses The Ministry of Commerce stated that India imported 2.237 MMT of pulses (lentils), estimated at a value of $1.612 billion, during April-September 2015. This was its response to a question posed to Parliament regarding what the government is doing to reduce the prices of that commodity. In 2014/15, it imported 4.584 MMT or 382,000 MT/month, but that has dropped slightly in the first six months of 2015/16 to 372,000 MT/month. However, the volume could rise if the rabi crop is negatively impacted by weather.In 2014/15, t...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.