India's pulses crisis is expected to escalate as the new crop will only arrive at the market in April/May 2016, and the government will need to import additional supplies to meet demand. India Expected to Import More Pulses The Ministry of Commerce stated that India imported 2.237 MMT of pulses (lentils), estimated at a value of $1.612 billion, during April-September 2015. This was its response to a question posed to Parliament regarding what the government is doing to reduce the prices of that commodity. In 2014/15, it imported 4.584 MMT or 382,000 MT/month, but that has dropped slightly in the first six months of 2015/16 to 372,000 MT/month. However, the volume could rise if the rabi crop is negatively impacted by weather.In 2014/15, t...
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: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away from oil and the UAE’s departure from OPEC. Meanwhile, the Palestine issue has been deprioritized, and Iran has emerged as more destabili...
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...