Prime Minister Modi recently assessed the Ethanol Blending Program (EBP) for India and wants 10 percent of the output made available across the country. However, there are certain obstacles to meeting this target that must first be addressed. India’s Wheat Situation Over the years, Food Corporation of India(FCI) has sold wheat under the Open Marketing Sales Scheme (OMSS) for bulk users at a fixed limit of 5,000 MT. Last week, however, that was revised to 500 MT and then changed to 2,000 MT for each individual bulk buyer in order to avoid any hoarding. There has been apprehension that a larger allocation would enable stockpiling, leading to a shortage in the open market and higher prices, much as occurred with pulses.Delhi is the hub for w...
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
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.