China to Boost Dairy Investment Overseas Yashili, one of China's top dairy producers, recently announced that it will invest $210 million in building a milk processing plant in New Zealand. The investment comes a month after China's Inner Mongolia Yili Industrial group flagged the plan to spend $214 million on buying and upgrading Oceania Dairy Group's South Canterbury milk powder plant. Just a few months ago in October 2012, Synutra International, China's third-largest infant formula producer, signed an investment deal worth $130 million with French dairy cooperative Sodiaal, the fourth-largest dairy group in Europe.Rising incomes and increasing health consciousness are increasing the demand for dairy. Driven by the tremendous demand, C...
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.
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 €...