World Perspectives
livestock

Duty Free Pork Impact

U.S. pork producers are asking for zero duty access into the Chinese market, saying it would reduce the trade deficit by 6 percent. Without doubt, U.S. pork sales would increase if allowed unfettered access into China. Pork prices were generally higher in China before the outbreak of ASF (see graph below) and have only become more precious in the wake of the crisis. Of course, European prices are also very competitive, and they have had their role in meeting the rapidly growing animal protein imports by the Middle Kingdom. China’s pork imports in October were double the amount for the same period a year ago.  Other countries adversely impacted by ASF are also good potential sources for imports. For example, Vietnam says it will...

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Summary of Futures

Dec 25 Corn closed at $4.32/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.36/bushel, up $0.0025 from yesterday's close.  Jan 26 Soybeans closed at $11.2725/bushel, down $0.0275 from yesterday's close.  Dec 25 Soymeal closed at $316.9/short ton, down $3.1 f...

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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.

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