According to a recent report, India’s broiler industry is on a growth path in 2017/18. However, it is also under immense pressure from various sources as new data reveals a critical issue. Stock Limits Imposed on Sugar to Control Prices With low output in sugar year 2016/17 (October-November), new sugar arrivals not expected until November 2017 and the early festival season in September/October, the government of India (GOI) is limiting the volume of stocks that sugar mills/manufacturers can hold. Of their total production for the current year, they will be allowed to retain 21 percent for September and 8 percent for October. This would mean that millers will need to offload stocks in the marketplace, which would effectively keep prices i...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.