In the past two years, India's poultry sector has had limited growth for reasons such as higher input prices (feed), low live chicken prices and overproduction. However, several factors indicate it could expand at a faster pace in 2017/18. Smaller Soybean Crop, Lower Production and Higher Prices In its first survey of the soybean crop, the Soybean Oil Processors Association (SOPA) hinted that the area under soybeans is down 6.47 percent at 10.26 million hectares versus last year’s 10.97 million hectares. This may be a small drop, but it could have a significant impact on crushers as well as the poultry industry. While it is difficult to assess final production at this stage, the total could be 10.26 MMT if an average yield of 1 MT/hectare...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.