World Perspectives
livestock

Hogs and Pigs in China

As WPI reported last Thursday, the number of breeding sows on 1 March was 6.016 million head, down 2 percent from year ago levels. Part of that reduction is being offset by continued records in pigs per little, which in the December to February quarter reached 11.53 head.   Herd culling in China is moving either faster, or slower depending on the point of view.  According to the Ministry of Agriculture and Rural Affairs (MARA), the Chinese sow herd on 1 March was down 6.9 percent from a year ago, but at 40.4 million sows, was still well above MARA’s target range of 39 million head. Most in the trade project that level will still keep the hog sector in surplus; MARA indicated that it will not intervene in the market unt...

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Summary of Futures

Mar 26 Corn closed at $4.4425/bushel, down $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, down $0.05 from yesterday's close.  Jan 26 Soybeans closed at $10.9125/bushel, up $0.04 from yesterday's close.  Jan 26 Soymeal closed at $301.2/short ton, down $0.1...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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