World Perspectives
livestock

Broilers Win from ASF; Chipotle Likes Fat

Chinese Pork Situation and Trade Outlook  After the initial finding of African Swine Fever (ASF) in China in August, the disease has been found in three-quarters of the country’s provinces and cull estimates are between 200,000-250,000 pigs. The latest discovery was in Heilongjian Province on a farm that has about a third of that cull total (i.e. more than 70,000 head) on premise.  Now the Chinese government has announced that all packers must test for ASF starting 1 February and cull all pigs in the slaughter queue as well as suspend operations for 48 hours if ASF is detected. This is the latest mitigation effort imposed on packers; they must already separate pigs for slaughter runs by the animals’ origins. Also, bl...

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Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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.

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