Livestock Live Hog Prices Up More than 2 Percent as Holiday Approaches With the lunar holiday around the corner, most slaughterhouses closed this week, which reduced supply. This resulted in a modest price recovery of national live hog price of RMB .31/kg ($.02/lb.) or 2.2 percent. In some regions, such as the northeast, the live hog price improved by as much as RMB 1/kg ($.07/lb.) or more than 5 percent in just a couple days last week. A slight drop in corn prices at the national level and the price uptick helped the average operating loss per live pig shrink by RMB 37/head ($5.83/head) or 19.8 percent. Meanwhile, the corn-hog ration on a cash basis inched up to 5.24. Operating Losses Mount for Producers, Outlook Remains We...
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.