More than a half-dozen companies have announced just this month their plans for procuring only cage-free eggs in the future. Overall, more than two dozen have announced such intentions this year.In case you missed it, more than a half-dozen companies have announced just this month their plans for procuring only cage-free eggs in the future. Overall, more than two dozen have announced such intentions this year. It has, arguably, been the biggest trend in the food sector during 2015 and will continue to play out over the next five to 10 years among layers. Of the commitments made, four will be implemented in the next two years, nine by 2020 and 12 by 2025 – with that latter time frame applying to many of the major players. Most restaurant ind...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.