GOI's 26 May notifiation of new rules that effectively banned the trading of cattle, including buffaloes, for slaughter at animal markets was met with a petition from farmer associations and the meat industry. Now the Honorable Supreme Court has taken action. Higher Duty on Sugar Imports Will Likely Support Domestic Prices A glut-like situation for sugar has been expected (see Ag Perspectives, 7 July 2017), and now different sources are projecting India will produce 25.5–26.7 MMT in sugar year 2017/18 (1 October-30 September). The government of India (GOI) had allowed for the duty-free import of 0.5 MMT of raw sugar and allotted a quota to some mills, mostly in South India, as the sugarcane availability was poor. Meanwhile, world market a...
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.
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...