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...
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.
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...