High Protein Meal Prices Protein meal prices in India have increased significantly in the last year (even month-to-month), as has demand for protein meal in livestock feeds.One main ingredient for poultry feed is soymeal, the prices of which are up more than 9 percent against last month and up nearly 27 percent against last year. The increased prices have affected the usage of soymeal in broilers and layers, and manufacturers have shifted to using other protein meals like rapeseed/mustard. The prices of these alternatives are also up on a monthly basis by 3.70 percent and up on a yearly basis by 82.46 percent.In 2011/12 (April 2011 – March 2012) protein meal exports totaled 5.522 MMT against 5.071 MMT the previous year, an increase of 8...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.