Livestock Central Government Takes More Steps to Rein in Pork Prices Following the auction of frozen reserved pork last week, China’s National Development and Reform Commission (NDRC) plans to release 15,000 MT more this Sunday. By the end of the month, a total of 200,000 MT of frozen reserved pork is expected to be put up for auction, as the Golden Week, recognizing the founding of modern China, will begin on 1 October. Party leadership is keen on keeping retail pork prices where most people can afford them given the economic doldrums impacting the country. In the provinces of Jiangxi and Anhui, the recent auction saw an average price below the RMB 20/kg ($1.31/lb.) threshold, and lower than most national prices. Following t...
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.
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...