While India's poultry industry is against any trade of U.S. poultry meat, the general view is that such imports will be of low volume and not harmful to the industry at large. However, they will help consumers realize that good chicken and chicken products can cost less. Vegetable Oil Import Surge and Low Oilseed Production Forecast According to the government of India's (GOI's) Directorate of Economics and Statistics, Department of Agriculture and Cooperation, the country's 2013/14 kharif season (October harvest) peanut (ground nut) production totaled 7.813 MMT. GOI estimates the 2014/15 production at 5.024 MMT, less than the target of 7.245 MMT and an approximate 35 percent decline from the previous year. The Solvent Extractors Associat...
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...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.