GOI is permitting PEC Limited, a State Trading Enterprise (STE), to import 500,000 MT of corn for poultry feed and starch manufacturers under the tariff-rate quota (TRQ). This would be the first corn imports in 16 years, but India’s zero tolerance of GMOs is likely to restrict the origins. India’s Precarious Wheat Situation Higher-than-normal temperatures in winter and low soil moisture may damage the wheat production prospects in 2015/16. The crop was sown on 27.146 million hectares, a 7.4 percent decrease from the 29.316 million hectares planted in 2014/15 that produced 88.95 MMT. If the 2014/15 average yield of 3 MT/ha remains the same in 2015/16, the harvest will be limited to 81 MMT. Trade, however, is already lowering its esti...
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
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.