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...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
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...