Rising domestic feed prices and GOI's ban on soymeal imports are expected to have a strong negative impact on India's poultry industry. Declining Indian Oil Imports May Be Result of High Prices Following high demand and low imports in February, there was a rise in India's vegetable oil prices. Additional increases may result from the ongoing Ukrainian crisis and the possible dry spell in Malaysia that has been forecast because of El Nino.India imports large quantities of Ukrainian sunflower oil and prices have climbed by $100/MT in the past few days. It is anticipated that sunflower oil will comprise 10 percent or more of the 11.2 MMT total imports expected in 2013/14. For November 2013–February 2014, India imported 420,000 MT of the oil,...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.