In response to an appeal for approval, a subcommittee of India's Genetic Engineering Appraisal Committee has issued its findings regarding the food safety, environmental safety, compliance etc. of GE mustard, and the report is now available for public comment. Temporary Measures to Control Sugar Prices Opening sugar stocks of 7.3 MMT, estimated production of 23.3 MMT and consumption of 26 MMT for sugar year 2016/17 will leave a mere 4.6 MMT in ending stocks. While India may not be in a position to export any sugar as a result, the Indian Sugar Manufacturers Association (ISMA) indicates there should be sufficient supplies for the first two months of the following year without requiring imports. This could be a precarious situat...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.