World Perspectives
livestock

Dairy is Trading Despite Headwinds

U.S. dairy exporters have kept product moving despite a strong dollar and softer global demand. Prices for dairy have moved higher and are expected to stay that way. Producer fixed costs such as labor and equipment have moved higher, but feed costs are dropping. There is also the threat of HPAI. But competitors also have their cost issues, with New Zealand dairy farmers complaining that their feed costs have risen 5 percent. U.S. dairy exports have not correlated with the change in prices, or the dollar. While global imports dropped 7.8 percent from 2021, U.S. dairy exports are down 4.2 percent over that period. The drop is not impacting higher value-added products like cheese, but more basic coproducts like nonfat milk.  ...

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feed-grains soy-oilseeds wheat

Summary of Futures

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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.

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