World Perspectives
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Indian Subcontinent Regional Analysis

India's 2017/18 budget was released early and includes several notable provisions that will help the agriculture sector. Left out, however, was any significant allocation for one specific area that would help ease the cost of production and increase efficiency. Soaring Sugar Prices May Result in Raw Sugar Imports Based on new available data, the Indian Sugar Manufacturers Association (ISMA) has lowered its sugar production estimate for 2016/17 to 21.3 MMT from its projection in September 2016 of 23.37 MMT, a drop of 15.13 percent from last year’s 25.1 MMT. The government of India (GOI) estimated the total at 22.5 MMT. The revision is due to the major reductions expected in Tamil Nadu (0.739 MT), Karnataka (2.1–2.2 MMT), Andhra Pradesh (0...

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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.

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