Poultry Sector Takes the Franchise Route India is gaining strength in its franchise business. Until recently, most businesses wanted to keep outlets and brands to themselves; however, with foreign players establishing franchises in India, domestic companies are also gaining confidence in this market. The franchise model started with educational institutions but now encompasses foods, beverages and, more recently, the service sector.Franchises in India were roughly valued at $4 billion in 2011 and are growing more than 30 percent annually, according to a report released during the Franchise and Retail Opportunities trade fair in India. There is more growth in small towns as second and third tier cities climb onto the franchise bandwagon.S...
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.
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...