Livestock Live Hog and Broiler Prices Again Head in Opposite Directions Domestic hog prices continued to remain under pressure last week from excess market supply and edged down by .9 percent. That amounted to a week-on-week decrease of RMB .13/kg ($.02/kg) or RMB .06/lb. ($.009/lb.). Lower prices further expanded the average operating loss per live pig by 18.4 percent or RMB 16/head ($2.46/head). On the futures market, the September live hog contract on the Dalian Commodity Exchange ended last week down RMB 1,005/MT ($154.62/MT) from the previous week’s settlement price to close at RMB 15,860/MT ($2,440/MT). That resulted in the hog-corn ratio finishing at 6.24, well below where China’s central government has indicated it wou...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.