Illegal Drug in China's Poultry Production Raises Public Concerns China Central Television (CCTV), the nation's largest media outlet, recently reported that illegal chemicals and antibiotics were used in poultry production to boost chicken growth. Farm workers in Shandong province, one of China's major poultry production areas, were filmed pouring bottles of medicines, additives and up to 18 kinds of antibiotics into chicken feed. The CCTV reporter found that chickens raised on the farm were fed antibiotics twice a day since birth and that the drugs were changed often because the chickens would develop resistance to them over time. Some farms also fed chickens banned drugs to speed up their growth. These chickens were transported to a lo...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.