The general outlook for China's animal protein and feed sectors over the next year is positive. The industry is confident the lower feed prices will result in greater profitability and over time will lead to higher pork and poultry meat consumption as their prices also decrease. China Feed Industry Has Positive Outlook for 2014/15 I am currently in Chongqing, China to attend and make a presentation at the 10th JCI Autumn Conference on the China Feed Market. The conference is organized by Shanghai JCI Intelligence and sponsored by the U.S. Grains Council and the U.S. Soybean Export Council (USSEC). Approximately 500 delegates from all over China associated with the animal feed, livestock, poultry and trading sectors are attending this even...
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.
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...