India is likely to produce 263.2 MMT of food grains in 2013/14. This is greater than the target of 259 MMT established by the agriculture ministry in September 2013 and the 257.13 MMT produced last year. Food Grains Production–Second Estimates India is likely to produce 263.2 MMT of food grains in 2013/14, which includes the khariff already harvested and the rabi crops currently in the field. This is greater than the target of 259 MMT established by the agriculture ministry in September 2013 and the 257.13 MMT produced last year. Rice production is expected to be 106.19 MMT and wheat production should reach 95.60 MMT, a record level but lower than earlier estimates of 98-100 MMT. Corn is also forecasted to have a record production of 23.2...
What You Need to Know Today: Shipping in the Black Sea is at a standstill, with neither Ukraine nor Russia yet ready to swerve in this game of maritime and export brinkmanship. Israeli media suggests the U.S. and Iran may be close to making a deal or at least restoring the memorandum of unders...
Key Takeaways: Brazil’s pork exports have more than doubled since 2019 as competitive feed costs, ASF-free status, and expanding global demand have strengthened the country’s position in international markets. Brazil’s abundant domestic production of corn and soybeans provide...
The Make America Healthy Again (MAHA) movement has reached a critical point after the Supreme Court ruled on 25 June that Bayer is shielded from state-level lawsuits because federal regulation does not require the company to warn of alleged cancer risks from such products. Thousands of "failure...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.