Call to Restrict Indian Meal Exports India's poultry industry has asked the government to impose a ban on exports of soymeal in order to lower prices. The price of soymeal in India has increased by 75 percent in a month, according to The Hindu Business Line newspaper. The big increase in soymeal prices has been driven by a sharp increase in Indian soymeal sales to Iran. Because of the international sanctions on Iran, Iran has turned to India to source soymeal under terms allowing buyers to pay rupees for the meal and Indian soymeal exporters are able to sell the meal to Iran at prices well above world prices. The rupees are earned by Iran through petroleum sales to India.In addition, traders are amassing stockpiles of soymeal in anticipa...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.