Livestock Hog Futures from May Onward Trend Upwards as Market Reopens Prior to the start of the Lunar New Year holiday, live hog futures on the Dalian Commodity Exchange (DCE) ended January down across the board. The March 2022 contract closed at RMB 13,425/MT ($2,110.68/MT), a decline of RMB 455/MT ($71.54/MT) from the previous week’s settlement price. Similarly, the May 2022 contract, the second most heavily traded by volume and turnover fell by RMB 515/MT ($80.97/MT) from the prior settlement price to end the Year of the Ox at RMB 14,420/MT ($2,267.18/MT), casting doubt on a Q2 recovery for live hog prices. In fact, with the March 2022 and May 2022 corn futures contracts closing out January at RMB 2,722/MT ($427.95/MT) and RMB 2,...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
From WPI Consulting
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.