India Raises Minimum Support Price for Oilseeds and Other Crops The government of India (GOI)yesterday announced new higher minimum support prices (MSPs) for soybeans and other crops. The increases averaged about 25 percent versus only 3-4 percent in past years. Because of upcoming elections in several key agricultural states, President Narendra Modi needs the support of farmers, and raising their incomes is key to gaining that. The MSP for soybeans is now 33,900 rupees/MT ($496.03/MT) , up from 30,500 rupees/MT, with that for sunflower seed and peanuts raised from 41,000 rupees/MT to 53,880 rupees/MT ($785.19/MT) and 44,500 rupees/MT to 48,900 rupees/MT ($712.62/MT), respectively. The greater percentage hike for sunflower seed was most l...
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.