Livestock Live Hog Inventories Surpass Pre-African Swine Fever Levels Last week, China’s Deputy Minister of Agriculture and Rural Affairs (MARA), Ma Youxiang, announced the complete recovery of the country’s sow and live hog stocks. Through the end of July, China’s combined sow inventory now stands at 101.6 percent of the total at the end of 2017, while the live hog stock has recovered to 100.2 percent of the total at the end of that year. On a numbers basis, the total live hog inventory at the end of 2017 amounted to roughly 400 million head, so the current total through July would stand at 400.8 million. By comparison, the total sow stock stood at about 43 million at the end of 2017, so that would mean through the end...
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.