The head of India’s soybean processing trade association said that the nation’s soybean harvest area will expand by 10 percent this year. India is the world’s largest consumer of vegetable oil and exported three times as much soymeal a decade ago until domestic demand started rising. Soybean production is expanding globally, and India only produces about 10 percent of world output, but the expansion in India has outpaced the rest of the world over the past few years. Even though India consumer more than 50 percent more palm oil than soyoil, demand for the former has been in decline while consumption of more expensive soyoil has been rising. It is unclear whether this dynamic will continue and may be highly dependent on th...
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.