India's 2017/18 budget was released early and includes several notable provisions that will help the agriculture sector. Left out, however, was any significant allocation for one specific area that would help ease the cost of production and increase efficiency. Soaring Sugar Prices May Result in Raw Sugar Imports Based on new available data, the Indian Sugar Manufacturers Association (ISMA) has lowered its sugar production estimate for 2016/17 to 21.3 MMT from its projection in September 2016 of 23.37 MMT, a drop of 15.13 percent from last year’s 25.1 MMT. The government of India (GOI) estimated the total at 22.5 MMT. The revision is due to the major reductions expected in Tamil Nadu (0.739 MT), Karnataka (2.1–2.2 MMT), Andhra Pradesh (0...
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.