India and the U.S. have continued to build their relationship, but the issue is the trade deficit that favors the former. The U.S. could impose restrictions on Indian products to bridge the gap, but there is an alternative policy that India could implement. Pulses Exports Allowed After an 11-Year Ban Having placed a curb on the import of pulses that is likely to help support prices, the government of India (GOI) is now allowing their export. However, this applies to only a few varieties, including pigeon pea, moong bean and black lentil. The export ban was implemented in 2006 and has remained as the pulses prices in India fell below the Minimum Support Prices (MSPs). Although the overall pulses area in the 2017/18 khariff season is down 3...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.