India's sugar price has improved considerably in the past three months, rising 15.9 percent from a low spot price of $466.20/MT in Kolhapur (Maharashtra) on 12 January to $540.37/MT on 31 March. Meanwhile, the sugarcane crop forecast has implications for domestic ethanol production. Lower Sugar Production, Higher Prices As a result of two consecutive years of drought, India’s sugar production is expected to drop 9 percent from a record 27.84 MMT in 2014/15 to 25.6-25.7 MMT in 2015/16. According to the Indian Sugar Mills Association (ISMA), the volume totaled 23.7 MMT as of 31 March 2016 and from the beginning of sugar year 2015/16 (1 October 2015) or about 1.1 MMT less than at the same time last year. Additional production is expected to...
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...
From WPI Consulting
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.