Livestock Weak Demand Continues to Hold Back Live Hog Prices According to latest surveys conducted by China’s National Bureau of Statistics (NBS), the average domestic live hog price grew to RMB 15.85/kg ($1.07/lb.) last week. That follows the private information reported from the week before by Boyar. Boyar’s data shows that just before last Friday’s nationwide Dragon Day holiday, the average price had retreated by RMB .04/kg ($.003/lb.) or .3 percent to RMB 15.81/kg ($1.09/lb.). Overall, based on NBS’s figures, the domestic live hog price has regained more than 32 percent of its value since the market bottomed in early March. According to the figures from Boyar, the national average price over the same period has...
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.
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...