World Perspectives

India’s Chutzpah; Ignoring Elephant; Regime Change

Agriculture specifically is unlikely to be much affected by the U.S. election, but there are tangential issues with implications for the sector. Chutzpah Trade Policy Demand At the recent India-U.S. Trade Policy Forum, Commerce Minister Nirmala Sitaraman asked her American counterpart, Michael Froman, to grant better access for her country’s agricultural products, including by lowering tariffs. The request is quite bold given the fact that India itself imposes an average 114 percent tariff on agricultural imports, among the highest in the world, versus a 12 percent average applied by the U.S. Moreover, to quote the U.S. International Trade Commission, India moves its duties up and down “frequently and substantially,” creating huge uncerta...

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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.

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