As India's milk demand rises for many reasons, the sourcing of good, quality milk is one of the main concerns for the large dairy processing companies as small and marginal dairy farmers still account for 70-80 percent of total production. Dairy Sector Requires More Investment in Backward Linkages India's National Dairy Development Board's (NDDB) key strength has been creating a milk grid for procuring milk from small farmers in rural areas and making it available in the urban consumption centers. As milk demand rises for reasons including population growth, higher disposable income and changing lifestyles, etc., the supply has also increased, but not to the extent of demand. The sourcing of good, quality milk is one of the main con...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
USDA’s monthly cattle on feed report was released today, along with the semi-annual cattle inventory report. The total number of cattle on feed in feedlots with a capacity of 1,000 head or more amounted to 11.4 million head, or 102 percent of last year. All cattle and calves totaled 94.2...
From WPI Consulting
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.