Duty on Wheat Imports After raising the 2017/18 Minimum Support Price (MSP) for wheat by 6.8 percent to Rs.17,350 ($266.19)/MT in a signal to farmers, the government of India (GOI) doubled the import duty to 20 percent. Imports had continued even after the 10 percent rate was imposed in March 2017, although at a slower pace. Those shipments were mostly intended for the flour mills in south India, primarily Tamil Nadu, Andhra Pradesh and Karnataka. It is estimated that India produced 98.38 MMT of wheat in 2016/17, and there is hope that the new prices will incentivize farmers to grow more. Per the first advance estimates for 2017/18, the wheat production target is fixed at 97.5 MMT. Meanwhile, traders believe that the boost in the MSP coup...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.