The demand for vegetable oils in India has increased over the years. Current additional factors affecting the growth in imports are the delay in the soybean harvest and quality issues that could impact the oil supply domestically over the next few months. Food Inflation Rises Again Escalating food prices in India have led to a poll debacle in Delhi. The ruling Congress party lost a major share of a 70-seat state assembly. It was routed by a rookie opposition party that claimed 28 seats, while the Congress party was able to win only 8. One of the major issues was growing inflation accompanied by rising food prices. No party could garner enough votes/seats to avoid a hung assembly, and the government is still to be formed as middle-cla...
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.
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...