China's poultry industry loss reached $6.5 billion after bird flu outbreak According to a recent report by the China Animal Agriculture Association, losses in China's poultry industry reached over $6.5 billion in the five months after the H7N9 outbreak. This number also includes the losses incurred by several large poultry processing companies due to reduced demand for poultry products. The average retail price for chicken has continued to drop in May, with prices falling almost 10 percent during the first week of May compared to the drop seen during the first week of April.A series of policies from China's central government and local authorities have been issued in order to support the poultry industry. On 15 May, China Development Bank...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.