World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

Livestock China’s Live Hog Price Up Nearly 22 Percent According to the National Development and Reform Commission (NDRC), the first state procurement of frozen pork for reserves for MY 2021 took place today. The total purchased was 20,000 MT or approximately 13 percent of the country’s average daily domestic pork output.  As previously reported, China’s central government released a work plan last month to improve the mechanism for adjusting pork reserves in an effort to stabilize the market. The plan detailed multiple measures to avoid dramatic price fluctuations and supply and demand imbalances. State purchasing for pork reserves will occur at the national and local levels and will commence when an index comparin...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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