While India has been challenged over its recently enacted Food Security Act that is viewed by developed nations as a violation of the WTO Bali agreement, some member countries have also raised the issue of the export subsidy paid by GOI to the sugar sector. Domestic Wheat Sales to Maintain Low Prices India produced 95.85 MMT of wheat for 2013/14 with 23 MMT of that procured by the Food Corporation of India (FCI) and the state agencies in the key production states of Punjab, Haryana, Madhya Pradesh and Uttar Pradesh. Until last year, the government of India (GOI) would decide to export surplus stocks at a pre-determined price via the Public State Undertakings (PSU) and State Trading Enterprises (STE), which would eventually transfer the co...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
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.