As poultry meat demand continues to rise in India and with “safe food” a requirement of both the government and domestic customers, there could be opportunities for international poultry processors and marketers to invest in the sector's growth potential there. Higher Pulses Production and Strong Prices; Imports Still Required 2015/16 pulses production will total 17.33 MMT, according to the 2nd Advance Agricultural Estimates (released in February 2016). That is marginally higher than the previous year’s 17.15 MMT but certainly lower than the estimated demand of 23.5 MMT. The government of India (GOI) does not want to replicate the situation in October 2015 when the retail prices of key pulses reached a high of $3/kg and has resorted to in...
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...
All eyes are shifting to the Senate following the House passage of a farm bill last Thursday. Senate Agriculture Committee Chair John Boozman (R-Arkansas) is targeting the end of May or early June for a bill markup. According to Boozman, the House “going ahead and passing something was re...
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.