Ethanol Policy Changes May Not Ease Pressure on Sugar Sector Immediately Changes in ethanol prices, including that of B-Heavy molasses as an input for making the fuel, do not mean that India will become self-sufficient in supplies and fulfil the demand of the Ethanol Blending Program (EBP). Furthermore, not all B-Heavy molasses will be used for this purpose. After the new biofuels policy was released, the government of India (GOI) also raised the price of ethanol made from C-molasses to $2.394/gallon (+6.97 percent), and the Oil Marketing Companies (OMCs) will buy ethnaol produced from B Heavy mloasses at $2.60/gallon in sugar year 2018/19 (November-October). While increasing ethanol prices is a good move and should incentivize domestic pr...
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...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.