Rapeseed-Mustard Prices Crash as Hopes of Exporting to China Vanish As relations between the U.S. and China thawed and a 90-day truce was called, all hopes of India exporting rapeseed-mustard meal and soymeal to the latter vanished. China was back in the market for U.S. soybeans. It did make strides toward facilitating Indian oil meal exports by reducing the duty and registering the processing plants, but the export plans will have to be shelved for now with the possibility of being implemented at a later time. In anticipation of good prices due to exports, the area under rapeseed-mustard was increased, reaching 6.579 million hac as of 28 Decenber 2018 against 6.382 mill hac a year ago and the normal 6.125 million hac. Meanwhile, the area...
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.