Sugar prices in Maharashtra may be dropping as new stocks become available at the market, but they could rise over the next few months because of one anticipated scarcity. There is also a fear that this could be the earliest season for some mills, and the current import duty may need to be reconsidered. Inflation Lowered by Demonetization As a follow-up to last week’s report regarding demonetizaton slowing consumption, the government of India (GOI) has been able to achieve at least one target - lower inflation. Wholesale Price Index (WPI)-based inflation is down to a two-year low of 3.15 percent for November 2016 versus 3.39 percent for the previous month. It had been 3.72 percent in July 2016 (one month post-monsoon) and rose to 3.85 per...
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...
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...
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh has asked the USA for technical assistance to improve grain storage and strengthen quality testing of imported grains. Of major importance to Bangladesh is the “technology to improve grain preservation and grain s...
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.