High prices of pulses, the main vegetable protein for Indians, have led to higher wholesale and retail inflation. This has prompted GOI to enact certain measures to address this problem. Dry Weather Conditions to Impact Corn and Soybean Production As India’s monsoon is starting to retreat, it appears that the accompanying rains are currently 5 percent deficit. An Indian Meteorological Department (IMD) report suggests that the rainfall in September, the last 30 days of the four-month rainy season, could be 15 percent deficient as the La Nina weather system did not develop. The dry weather conditions could decrease the yields of kharif crops that are at maturity and will soon be ready for harvest. Low soil moisture could also impact the sow...
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...
What You Need to Know Today: Wholesale inflation was flat in July, with the Producer Price Index (PPI) unchanged versus expectations for a 0.2 percent increase. Core PPI rose 0.2 percent, also below expectations. The softer inflation data has reduced the odds of a September interest rate incre...
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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.