GOI Increases MSP The government of India (GOI) last week announced new minimum support prices (MSP) to jumpstart agricultural activity for the 2012/13 sowing season that began on 15 June 2012. GOI has tried to incentivize the production of oilseeds and pulses by bringing MSPs close to market prices. The MSP incentive for 2012/13 specifically has been given to corn, sorghum, pulses and oilseeds, and GOI has been encouraging farmers to produce non-staple, non-cereal crops for which there is demand. Overall, the price increases have been between 15.7 percent (paddy) to 53 percent (sorghum).However, higher MSPs also will increase the benchmark prices of commodities as well as fuel inflation. Food inflation is already at a high of 7.5 percen...
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...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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
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.