Since India lost the case at the WTO regarding the import ban on U.S. poultry, there has been pressure on the Ministry of Commerce and Department of Animal Husbandry to challenge the decision. However, the U.S. is not the only country that wants to sell chicken to Indian consumers. Chickpea Import Duty Deferred Indians enjoy the chickpea, locally known as gram, which is a source of protein for many. As its prices were below the Minimum Support Price (MSP) of 31,000 rupees/MT ($500/MT), the Ministry of Agriculture proposed the imposition of a 10 percent import duty (tariff) on the commodity in order to restrict cheaper imports and protect farmers from those lower prices. The markets went into a spiral and chickpea prices rose sharply. Duri...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.