Global poultry consumption is expected to hit 106 MMT this year, up from 91 MMT in 2009 and 66.4 MMT in 2000. In Asia, poultry consumption was 24.4 MMT in 2000 and will hit 42.5 MMT this year – that is 40 percent of global consumption. Growth in poultry consumption in Asia has been 67 percent since 2000 with most of that being broilers.Of course, Asia has three of the four most populous nations in the world: China, India, and Indonesia. Two of these countries, China and India, have experienced tremendous economic growth and expanded protein consumption. Future growth, however, will likely come from elsewhere on the continent.Population growth in China is less than half the continent's average and projected to reach only 0.3 percent...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.