India is presently the world's top milk producer at 140 MMT, but its production efficiency is one of the lowest. With a goal of doubling output by 2027 to meet rapidly growing consumer demand, the question is whether this is achievable with the country's current feed and fodder situation. China Moves Closer to Resuming Rapeseed/Mustard Meal Imports from India In 2011, India's rapeseed/mustard meal exports to China reached 650,000 MT before being banned by the Chinese later that same year following quality concerns and toxic material contamination. A positive outcome of the recent visit of Prime Minister Modi to that country has been the signing of a sanitary protocol for these imports.India's rapeseed/mustard oilseed production in 2014/15...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.