GOI has undertaken the task of integrating the Regulated Agriculture Market Yards, which provide pricing for farmers’ produce bought in the market yard. The plan is to instead have an online platform (e-NAM) bring more transparency and a much wider market to farmers. Ethanol-for-Blending Prices Slashed The Cabinet Committee on Economic Affairs (CCEA) has approved the Ethanol Blending Program (EBP) for sugar year 2016/17 (1 December 2016-30 November 2017). The price of ethanol to be supplied to Oil Marketing Companies (OMCs) for that year has been reduced to $2.20/gallon, excluding taxes (excise, VAT and transport charges), versus $2.79/gallon for sugar year 2015/16, which was inclusive of those fees. The recovery price of ethanol to sugar...
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.