With exports at a standstill and with only domestic buyers, sugar prices in India have crashed and are likely to remain so in 2015/16 as oversupply has had a severe impact on the industry there. Now GOI is taking action to address the payments owed to the sugarcane producers. More Incentives for the Sugar Industry It seems there is no respite for the sugar industry in 2014/15. Production is now forecast at 27.96 MMT with consumption estimated at 24.3 MMT. The expected 2013/14 carryover of 7.14 MMT combined with the current 2014/15 surplus produces a total estimated carryover of 10.3 MMT. With exports at a standstill and with only domestic buyers, prices have crashed and are likely to remain so in 2015/16 as oversupply has severely impacte...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
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.