The quarterly Hogs and Pigs report comes out one week from today. It is a much- anticipated report. Feed costs, porcine reproductive and respiratory syndrome (PRRS), Proposition 12 in California, and international trade are all factors with influence on the market that making it particularly interesting. As we reported last week, California Proposition 12 regulation on sow housing goes into effect on 1 January 2022, though it won’t be fully enforced until the second half of the year. How, or in fact, are producers preparing for compliance? New farrowing barns are expensive and in practicality take a couple of years from planning, to permit, to construction, to production. That means reducing sow inventory is the short-term strategy t...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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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.