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...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.