Livestock China’s Live Hog Price Jumps by 4.5 Percent In the last week of December, the national average live hog price turned on the afterburner jets and surged ahead by RMB 1.54/kg ($.15/kg) or RMB .70/lb. ($.11/lb.). The one week increase of 4.5 percent pushed the average price above the RMB 35/kg ($5.35/kg) or RMB 15.88/lb. ($2.43/lb.) threshold for the first time since mid-September. Since the last full week of November, the average price has risen by more than 18 percent, an increase of RMB 5.50/kg ($.84/kg) or RMB 2.49/lb. ($.38/lb.). The December run on prices is being driven by two clear factors. First, the rejections of imported frozen meat due to COVID-19 concerns slowed imports from some key providers. Secon...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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.