Poultry Industry May Not Grow as Expected India's poultry industry showed steady growth over the last few years. Hatcheries placed 15 million broilers per week in 2000, and the industry doubled in six years to place 31 million broilers per week in 2005/06. High commodity prices then forced many farmers to close operations and integrators to reduce placements, resulting in a slowdown in 2008/09 during which the industry placed only 33 million broilers per week (against an estimate of 42 million). With the exception of that year, growth had been positive.However, it now looks like there will be a slowdown in 2013/14. The industry was expected to place an average of 66 million broilers per week (3,432 million for the year), a growth of 13 p...
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
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.