Changing Eating Habits and Values What are rising incomes and growing urbanization changing in India? Most experts point to food habits. As the saying goes, old habits die hard. However, when money is available and lifestyle changes occur, food habits can evolve. According to a survey, in 2006 40 percent of the population in India was vegetarian; today, that number has fallen to 24 percent. Meat was once a rarity in Indian households. Now, with an increased disposable income, meat eating has become the norm.The Indian consumer is ready to experiment with varied national and international cuisines. This is evident in weddings, where it has become more commonplace to not only have Indian foods from different states, but also an internation...
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...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.