While India’s gross domestic product (GDP) was at a high of 7.3 percent in the second quarter, it is likely to be negatively impacted in the third and fourth quarters. Vegetable prices have crashed, and small trades are out of business as recent government action continues to have a ripple affect. Poultry Prices Drop as Discretionary Spending Hit The Modi government’s demonetization of the domestic currency has strongly impacted local poultry farmers. The live chicken prices in Malegaon, Maharashtra dropped from $1.12/kg to a record low $0.554/kg, a 50.89 percent decrease. Farmers are unable to sell any chicken as consumers are conserving their cash for regular home expenses rather than using it for discretionary spending such as dining o...
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...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.