The Aquaculture Juggernaut Despite efforts by antagonists to end fish farming, its efficiency will keep it the dominant animal protein production methodology. Farmed Fish and World Peace Tension between wild-caught fish supply and demand is causing territorial conflict in Southeast Asia and could potentially create civil unrest elsewhere. Aquaculture is positioned to balance economic and environmental factors and help maintain world peace. Will Seafood Mislabeling in the U.S. Help Vietnam's Aquaculture Industry? Seafood mislabeling has led to tougher standards for imports into the U.S. as well as new traceability and sustainability standards from exporting countries, including Vietnam. Tilapia - The Second-Most Important Aquaculture S...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.