China's Fertilizer Imports on the Rise China's January-February fertilizer import volume has increased by as much as 72 percent year-on-year. Out of all fertilizer imports, farmers particularly prefer imported compound fertilizer and potassium chloride because they are found to be effective in meeting growing demand through increased production.Most compound fertilizer producers in China make their formulations based on raw material prices and economic effectiveness instead of by soil and crop demands. The simple design and low cost of these formulations have led to the blind expansion of domestic compound fertilizer production. China's fertilizer output reached a record high at over 60 MMT in 2012, but domestic consumption remained weak...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.