Keeping food prices down is key for Indian households. In order to do that and also maintain low inflation, the government has taken a step that would allow it to intervene in certain pricing of essential commodities, including pulses and sugar. Possible Impact of GST on Food Items The government of India (GOI) eagerly awaits implementation of the Goods and Services Tax (GST) on 1 April 2017, the start of the country’s next fiscal year. One repercussion is that the states will have to be compensated for their loss of revenue from the resultant elimination of their taxes. 2015/16 will be the base year for calculating those amounts with growth of 14 percent in the first five years of the GST a determining component.GOI has formed a GST...
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.