Early this month, the United States sought trade sanctions against India after winning a dispute at the WTO regarding restrictions on imports of its poultry meat. Before a meeting could occur regarding compensation for the U.S., however, GOI took action. Pulses Prices Continue to Surge The prices of key pulses again reached a high despite the large volume of imports and release of buffer stocks by the government of India (GOI). The Competition Commission of India (CCI) has initiated an internal probe to study the alleged anti-competitive practices and market forces that could be responsible for the rising prices.India had imported 5.797 MMT of pulses during FY 2015/16 (April 2015–March 2016) and 705,000 MT in the first two months of FY 20...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...