Heat wave conditions are prevailing across India, strongly impacting poultry farmers as well as dairy operations. There are also implications for crops with limited water resources availalbe and little relief expected from the pending monsoon. Overproduction Keeps Sugar Prices Depressed Sugarcane is called a "Lazy Man's Crop." This is because once it is planted, two crop cycles can be taken and not much care is required. As India is the largest consumer of sugar, there is a belief that it will be able to consume all that is produced. There is also a mechanism of assured pricing for sugarcane, set by the states, even though it may not be profitable for the sugar mills to pay such high amounts. According to the latest data from the Indian S...
Russian Grain Markets: 4 - 8 May 2026 During the week under review, the Russian grain market began showing more bullish sentiment despite the traditionally slow pace of business during the May holiday period. Russia celebrates several holidays during early May, with Victory Day on 9 May being t...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
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.