India's milk production is declining, and prices are rising with the approach of summer when demand typically increases. Stocks of skimmed milk powder (SMP) are also diminished because of the large volume exported as a result of higher global prices. Milk Prices Increase Again As summer once again approaches, the milk shortage is looming. Temperatures have affected the availability of green fodder, which has negatively impacted production. Independent farms (one-five animals) have seen a decrease of almost 30 percent. These animals are mostly fed dry fodder and are taken out for grazing. The balanced ration (concentrate) is just enough for maintenance. In most cases, farmers do not provide enough feed and that ultimately impacts productio...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.