The Indian Sugar Mills Association (ISMA) has expressed the industry's concern that some mills will soon file for debt reconstruction due to difficulties paying farmers for their sugarcane as stipulated and is seeking an increase in the raw sugar export subsidy to help remedy the problem. Raw Sugar Export Subsidy to Increase India produced 7.46 MMT of sugar during October–December 2014, the first quarter of the 2014/15 sugar marketing year, compared with 5.86 MMT in the same months a year ago. This was a 27.3 percent increase. Higher production is attributed to the stronger sugar recovery at 9.25 percent until December 2014 versus 8.75 percent in the same period last year. India is expected to be holding a huge volume of sugar, and prices...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.