India's milk production high, quality low India has been the world leader in milk production in recent years, and will continue to be thanks to the large number of milk producing animals each producing a small quantity of milk. In 2011, as per the Government of India, milk production was 123 MMT, and in 2012 will be 129 MMT (up by 4.87 percent).As production has increased, so has the production and stocks of Skimmed Milk Powder (SMP), as GOI banned exports of the commodity in February 2011. While the ban was removed in June 2012, no export could take place as the international prices were not conducive to exports.As exports of SMP are not possible, many states including Karnataka have plans to provide reconstituted milk to students in...
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.