Cotton Production Up, Prices Crash Cotton production in India is likely to be 26.1 million bales (of 170 kg each) for 2011/12, according to the new assessment available from the government of India (GOI); the Cotton Advisory Board (CAB) estimated production at 25.6 million bales.Whatever the actual number will be, one thing is certain: It will be significantly higher due to higher acreage (because of higher prices in 2010/11) and widespread rains across the cotton belt, as well as higher cultivation of Bt cotton. The Cotton Association of India (CAI) has pegged production at 34 million bales and put consumption at 25 million bales, thus resulting in huge carryover stocks. USDA in its latest report cut cotton production to 34.25 million b...
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: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...