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: 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...
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.