While India's edible vegetable oil imports are down and oil exports are up, reducing its forex exposure, the country will continue to depend on those particular imports because of one notable limitation. Situation Critical as Drought Hits South India The failure of the 2016 monsoon season is a contributing factor to the drought in South India, and the crisis just now seems to be unfolding. All 32 districts in Tamil Nadu have been declared drought-affected, and the state has sought a $6.134 billion relief package from the federal government. It has received $0.312 billion thus far or about 5 percent of the requested amount. 57 percent of the land in Tamil Nadu is rain-fed, but the deficit was 62 percent from northwest rains and 40 percent...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.