The state governments in India have taken effective steps over the past few months to control the supplies and costs of pulses in the face of a potentially high deficit, and there have been other resulting economic benefits as well. Lower Lentil/Pulses Prices Good for Domestic Market The state governments in India became strict over the past few months, implementing stock limits on pulses, organizing raids and releasing the confiscated supplies in the market. The fear tactics worked as the wholesale prices of tur (pigeon pea), urad (black lentil) and masoor (red lentil), which are the main pulses, have declined 37.5 percent, 24.62 percent and 33.21 percent, respectively, from their peak in the third week of October 2015. However, retail p...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
Key Market Insights Macros: Inflation isn’t cooling — it’s moving higher again. March PCE inflation (Personal Consumption Expenditures index — the Fed’s preferred measure of inflation) rose 0.7 percent month-over-month, pushing the annual rate to 3.5 percent, the h...
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.