During the demonetization period that began in November 2016, the price of cottonseed oil cake, a major source of protein for livestock in India, continued to drop due to lack of demand. However, recent developments have changed the situation. Cottonseed Oil Cake Prices Recovering India’s cottonseed production could grow slightly to 10.88 MMT in 2016/17 from the previous year’s estimated 10.85 MMT. At least 90 percent is processed and results in what is called undecorticated cottonseed oil cake, which has high protein as well as oil. This is a major source of protein for livestock in India, primarily in cattle feed as it enhances milkfat. In most of the cotton-growing tracts of Maharashtra, Gujarat, Andhra Pradesh, Karnataka, Telangana an...
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...
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.