The overall sowing of pulses crops in India is down 33.74 percent as of 23 June versus a year ago. Farmers are facing challenging planting decisions as some spot prices are notably lower than the MSPs because of one critical factor. Pulses Sowing Down as Prices Drop Overproduction of pulses and increased supplies led to some prices dropping much below the 2016/17 Minimum Support Prices (MSPs), and the overall sowing of those crops was down 38 percent as of 16 June 2017 when the new MSPs were announced. As of 23 June, that sowing was 33.74 percent behind a year ago. Since peaking in early 2017, the prices of pulses have decreased drastically (see table below).The current price of pigeon pea, one of the main pulses now being sown for harves...
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.