Economy Stalled Due to Slow Domestic Demand CRISIL, the global analytical company, has reduced the 2013/14 GDP growth estimate to 4.8 percent from the 5.5 percent estimated in June 2013. One of the major factors attributed to the slow economic growth is the lagging development of domestic demand for goods and services. A recent study by CRISIL indicated that demand slowdown and the collapse of the investment cycle would severely dent the infrastructure, capital goods, automobile and real estate sectors. Those in debt are more severely affected than others. Exports have rebounded as the rupee has devalued, and the areas associated with exports, information technology, pharmaceuticals and textiles could do well.The services sector has be...
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...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.