India's recent move against the country's old currency notes is having a profound effect on farmers who bring their produce to market as well as truckers transporting perishable goods. Meanwhile, GOI has taken a step to strongly incentivize the production of more food grains. 2016/17 Rabi Season Minimum Support Prices Increased As a way to strongly incentivize farmers to produce more food grains, including wheat, oilseeds and pulses, the government of India (GOI) announced an overall increase in Minimum Support Prices (MSPs). This is based on the recommendation of the Ministry of Agriculture’s Commission for Agricultural Costs and Prices (CACP).The MSP for pulses, one of India’s main imports, saw the biggest boost at 16.17 percent...
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: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan has just held its first meeting of the Committee on GM Corn. The Committee was established to "undertake an objective, science-based, and evidence-driven review of Pakistan’s policy regarding the commercialization o...