Under normal circumstances, India's chickpea prices tend to move lower as arrivals peak. Contrary to that, though, NCDEX spot prices in New Delhi are up 18.61 percent and were at a peak on 18 April 2016 as well as 20.96 percent higher than the start of the season. Protein Demand for Pulses Boosts Prices India consumes more pulses/lentils than any other country, evidenced by the supply/demand gap of over 6.5 MMT as well as higher prices of pulses that increased 37 percent in February alone compared with wholesale prices that fell for the 17th month in a row in March. While the market arrivals of some pulses may have increased, those of chickpeas (aka bengal gram) have been slow. The government of India’s (GOI’s) 2nd Advance Estimates for P...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.