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...
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.