The Indian poultry sector needs to gear up and add value to the chicken it produces if it wants to survive the current crisis of high input costs and low output value. Sugar Industry Looks Up The increased demand in the festival season and short supply has made good for the sugar sector. Since August 2015, sugar prices have strengthened and are up by over 22 percent. Export opportunities have also opened and coupled with lower production, it is likely that sugar prices may be stable over the next year. Sugar production in Maharashtra, India’s largest producer, is expected to be 8.6 MMT for the year 2015/16 against 10.5 MMT in 2014/15, down by 18.09 percent. The Indian Sugar Mills’ Association (ISMA) had estimated the production...
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.