At the peak of the Chinese New Year sales period, poultry traders have had to suspend business in some areas due to the bird flu epidemic. China's Hog Price Continues Decline before the Holiday China's hog price continued to decline during the week of 27 January as a result of the increasing supply. China's Ministry of Agriculture (MOA) reported that the average hog price dropped nearly 5 percent week-on-week and over 20 percent year-on-year. The hog-to-corn ratio dropped to 5.33:1 on average. With 6 the breakeven point, most hog farmers suffered losses. According to China's intervention program that was launched in May 2012 as one of the efforts to protect farmer's interests, the government is to start purchasing frozen pork for reserves...
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...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
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...
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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.