India's 2013/14 vegetable oil imports grew by 12 percent to a record high of 11.82 MMT and are expected to rise further. GOI has raised the import duties on crude and refined edible oils by 5 percent to 7.5 and 15 percent, respectively. Cotton Surplus Likely to Keep Prices Down The Cotton Association of India (CAI) now forecasts the country's 2014/15 (beginning 1 October 2014) cotton production at 40.025 million (170 kg) bales, slightly under the November estimate of 40.2 million bales. 2013/14's crop was slightly higher at 40.725 million bales. The low production in the central region led to the overall drop. Nonetheless, the total cotton supply is estimated at 47.215 million bales. Allocating 30.6 million bales of that for domestic cons...
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
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.