The prevalence of drought news has prompted GOI to discuss agricultural policies regarding ways to save water and promote crops that can thrive under arid conditions. Its next step would be to encourage the cultivation of drought-tolerant GM crops. Potential Sugar Imports for India? It may be too early to comment, but there is talk that India could be in the market for raw sugar imports in 2016/17. With the ongoing drought situation there and sugar mills closing operations in Maharashtra, Karnataka and Andhra Pradesh, sugar production may drop more than anticipated. India’s 2015/16 sugar stocks could close at 7.5 MMT, but prices might spiral and imports may be needed if production declines. Sugarcane growers who have lost plantings in the...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
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.