Livestock China’s Hog Sector Driving New Feed Demand According to the China Feed Industry Association, animal feed production climbed by 4.8 percent on a monthly basis this past August to a total of 22.96 MMT. Compared to August 2019, feed output was up by nearly 15 percent or 3.42 MMT. Equally important, the figures for August are the highest monthly total since October 2017. Among the different animal feed categories, demand for piglet and sow feed has had the strongest growth. Sow feed sales have risen by more than 93 percent going back to August 2019. Feed demand for piglets and fattening pigs picked up steam during the first half of 2021. Based on the Association’s monitoring surveys and data collection tools, we pr...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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...
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.