Avian flu has again surfaced in India as it erupted in the heart of the poultry belt in Telangana, which supplies eggs to eastern areas of the country. While this is impacting chicken prices and consumption, GOI's response is an additional negative influence on farm income. Sugar Sector Demands Government Action Lower domestic prices, unfeasible exports and a glut situation caused by higher production are negatively impacting the sugar industry in India. The Indian Sugar Mills Association (ISMA) indicates that although the nation is the largest consumer of sugar at 24.8 MMT, it expects production will reach 27 MMT. The government of India's (GOI's) forecast is 26.5 MMT. Whatever the total is, huge ending stocks are likely to further...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.