India is expected to have a robust sugarcane harvest with production at 25.1 MMT in sugar year 2017/18, and there has been considerable discussion about enhancing the mills’ ethanol production capabilities. Sugar or Ethanol India is expected to have a robust sugarcane harvest with production at 25.1 MMT in sugar year 2017/18. 2018/19 is also forecast to be a bumper year (sugarcane is a two-year ratoon crop), and prices may remain stable or move lower. In the past, the mill gate price has been $562.50/MT, which converted to a retail price of $0.65-0.67/kg of sugar. It has been a win-win situation for producers as well as consumers. Sugarcane crushing will start in all major sugar-producing states by October rather than November because of...
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: 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...