On Thursday, USDA will release its Quarterly Hogs and Pigs report. Key data will be inventories of slaughter hogs, breeding sows, an estimate of the March–May pig crop with its accompanying litter rate, and producers’ farrowing intentions for June through August – the second estimate and the first estimate for September through November. The June through August farrowing intentions released in the March report were 2.987 million head, which would be 98 percent of 2023. The March through May farrowings are expected to be 99.1 percent of last year; that is in line with the 1 March report which showed farrowing intentions at 99 percent of the year prior. Overall, the expectation is for an increased swine herd as of 1 J...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.