There was a notable gain in broiler pullet chick placements for future domestic hatchery supply flocks during July 2015, which indicates an ample supply of hatching eggs will be available for export to Mexico. Broiler Chicks for Mexico Last Friday, USDA reported that leading breeders placed 7.43 million broiler pullet chicks for future domestic hatchery supply flocks during July 2015. That is a 20 percent gain over the same month a year ago, which would project a 7 percent increase in the size of the breeding flock by February 2016 (compared with February 2015). While July 2014 was the lightest month for placements last year, this is still a considerable increase, potentially more than the U.S. broiler sector could handle. That indicates...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.