India’s food industry is facing a period of uncertainty, especially as the FSSAI is unable to decide if it should set standards for products or ingredients. This is particularly true for the dairy sector, which is receiving investments in probably the country’s most interesting segment. Sugar Production to Drop, Prices Rise India’s four-month monsoon period received 14 percent less rainfall, which could affect domestic sugar production as the cane crop is expected to be small. The crushing season started 1 October 2015 with the 2015/16 production season’s opening stocks expected to total 9.6 MMT. According to the Indian Sugar Mills Association (ISMA), sugar production is forecast at 27 MMT, a 4.59 percent decline or 1.3 MMT less than 2014...
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.
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...