GOI is permitting PEC Limited, a State Trading Enterprise (STE), to import 500,000 MT of corn for poultry feed and starch manufacturers under the tariff-rate quota (TRQ). This would be the first corn imports in 16 years, but India’s zero tolerance of GMOs is likely to restrict the origins. India’s Precarious Wheat Situation Higher-than-normal temperatures in winter and low soil moisture may damage the wheat production prospects in 2015/16. The crop was sown on 27.146 million hectares, a 7.4 percent decrease from the 29.316 million hectares planted in 2014/15 that produced 88.95 MMT. If the 2014/15 average yield of 3 MT/ha remains the same in 2015/16, the harvest will be limited to 81 MMT. Trade, however, is already lowering its esti...
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.