World Perspectives
livestock

ASF and Chinese Hog Feed; GIPSA Rule; Red Meat Record

ASF Found in Chinese Hog Feed China’s General Administration on Customs has discovered African swine fever (ASF) virus in swine feed. It was found specifically in blood meal, which has been banned as a feed ingredient in China, originated in Tianjin Province. Also, today the Ministry of Agriculture and Rural Affairs announced that it will allow the movement of breeding sows and feeder pigs from one noninfected area to another as well as the movement of animals within infected areas.   R.I.P. GIPSA Rule Yesterday the U.S. Eighth Circuit Court of Appeals ruled that the Trump administration’s withdrawal of livestock marketing rules authorized by the 2008 Farm Bill was not arbitrary and capricious, relieving USDA from takin...

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

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Recent Market Volatility Increases Futures Mispricing

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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