Egg Production to Increase in India The growth of India's egg sector in the last few years has been impressive. Even with high feed costs, production grew 3.89 percent (62.38 billion eggs) in 2011 and is expected be 4 percent higher (64.88 billion eggs) in 2012. The egg sector has seen such impressive development for a number of reasons, such as the population's access to more disposable income, undue price increases for other proteins and the lack of an environmental clearance requirement. However, issues like fund availability, high interest rates and volatile prices for ingredients (corn and soymeal) are factors that do not allow for increased expansion or new projects.In 2013 India is expected to produce 71 billion eggs, roughly a 9...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
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.