Economic Survey 2011/12 India's latest Economic Survey estimates that the Indian economy will slow to a 6.9 percent increase in 2011/12 after having grown at 8.4 percent in each of the two preceding years. This is slower growth not only compared to the previous two years but also to the 2003-11 period (excluding 2008/09). With the agriculture and service sectors continuing to perform well, India's slower growth can be attributed almost entirely to the industrial sector.The previous Economic Survey had anticipated that the Indian economy would register growth at about 9 percent (+/-0.25 per cent) in 2011/12, almost reverting to the pre-crisis levels achieved during the three-year period from 2005/06 to 2007/08. This optimism was driven in...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.