The Indian Sugar Mills Association (ISMA) has expressed the industry's concern that some mills will soon file for debt reconstruction due to difficulties paying farmers for their sugarcane as stipulated and is seeking an increase in the raw sugar export subsidy to help remedy the problem. Raw Sugar Export Subsidy to Increase India produced 7.46 MMT of sugar during October–December 2014, the first quarter of the 2014/15 sugar marketing year, compared with 5.86 MMT in the same months a year ago. This was a 27.3 percent increase. Higher production is attributed to the stronger sugar recovery at 9.25 percent until December 2014 versus 8.75 percent in the same period last year. India is expected to be holding a huge volume of sugar, and prices...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.
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...