Livestock Feed Costs Continue to Surge Courtesy of rising costs for corn, corn byproducts, and soymeal, major feed mills announced another round of price hikes this week. In addition, with the Golden Week holiday set to start on Saturday, many oilseed crushers have cut back or suspended operations. The proposed increases for feed products range from RMB 50 to 300/MT ($7.15 to 42.92/MT). In some regions of the country, soymeal with just 43 percent protein reached an average price of RMB 5,200/MT ($743.92/MT), the highest level in a decade. National Live Hog Price Up More Than 3 Percent Last Week Domestic hog prices have been on a tear in September. Even with steady releases of frozen pork from state-owned reserves, the volumes remain rel...
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.