India's Pulse Imports to Reach 3.5 MMT India, the world's biggest buyer of pulses (lentils), in 2010/11 reduced its imports to 2.7 MMT because farmers, encouraged by subsidized supplies of high-yielding seeds and other inputs available through various government schemes, planted more of the crop. As the prices of inputs increased, subsidies were kept at the same levels. The area under pulses is likely to remain stagnant unless the government of India (GOI) gives farmers more incentives to grow them.With the onset of summer, vegetable prices have skyrocketed and food inflation is likely to pinch at least until July. Fruit and vegetable outputs have shrunk, hurt by rising temperatures and a lack of water. Meanwhile, edible oil and pulse pr...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
From WPI Consulting
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.