Agriculture received its fair share in the Modi government's first full budget with one of the main proposals targeting the creation of a national agricultural market to boost farm productivity and farmers' income. India's 2015 Budget and Agriculture The Modi government announced its first full budget on 28 February 2015. It included an estimated gross domestic product (GDP) growth rate of 7.4 percent in 2014/15, which was helped by greater economic stability, higher employment generation, domestic manufacturing and consumption as well as fiscal prudence. Economic growth is expected to reach 8.1-8.5 percent in 2015/16 and double digits by 2018. The budget was more focused on the future than the average citizen at this time. Budgetary allo...
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...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
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.