A study has found that the crop losses in India resulting from pest-related infestations total $8 billion, and there is an opportunity for the pesticide industry to expand. Use of Banned Pesticides in India A joint study initiated by the Associated Chamber of Commerce and Industry (ASSOCHAN) and YES BANK has found that the crop losses in India resulting from pests and related infestations total $8 billion. Pesticide usage is limited to only 25 percent of India's 180 million hectares of arable land. Most of that usage is confined to those states with fertile land as well as irrigation facilities and include: Punjab, Haryana, Andhra Pradesh, Karnataka, Maharashtra and Uttar Pradesh. Farmers in these areas are willing to spend additional mon...
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.