In the past two years, India's poultry sector has had limited growth for reasons such as higher input prices (feed), low live chicken prices and overproduction. However, several factors indicate it could expand at a faster pace in 2017/18. Smaller Soybean Crop, Lower Production and Higher Prices In its first survey of the soybean crop, the Soybean Oil Processors Association (SOPA) hinted that the area under soybeans is down 6.47 percent at 10.26 million hectares versus last year’s 10.97 million hectares. This may be a small drop, but it could have a significant impact on crushers as well as the poultry industry. While it is difficult to assess final production at this stage, the total could be 10.26 MMT if an average yield of 1 MT/hectare...
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.
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...