India's Wheat Dilemma The government of India (GOI) is in a bind. While the good monsoon season has boosted wheat production, it also has brought forth a host of other problems, like where to store the wheat and how much should be stored versus how much should be supplied to the public distribution system (PDS) or exported (and to whom).As of 1 June 2012, the estimated food grain stock in India will be 75 MMT. The total storage space with the Food Corporation of India (FCI) and other agencies is 63 MMT, of which 34 MMT is covered and 29 MMT is open (covered with tarpaulin). The chairman of the Economic Advisory Council to the Prime Minister (PMEAC) suggested that the government immediately make an additional 13 MMT of grain available via...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.