The FAO is scheduled to issue an African Swine Fever (ASF) update on Thursday, 12 September and it is now likely to include the Philippines in the growing list of countries impacted by the disease. While most of the attention on this Thursday’s WASDE report from USDA will focus on its prognostications about U.S. grain and oilseed production, the agency should also reduce further its global swine production estimate. At this juncture, USDA is only recording a 10 percent decline in China’s swine production for 2019 as a result of the disease, with world production down just 4 percent. However, there are other estimates suggesting 30 percent is closer to the mark for China’s losses. Bloomberg says that 20 percent of Vietnam&...
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.
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...