Livestock Pork Prices Depressed as Market Still in Oversupply Market survey data from the Ministry of Agricultural and Rural Affairs (MARA) and other government agencies show the average live hog price fell by 10 percent to start January. Supplies of pork meat have continued to remain robust, while demand is showing some signs of life, despite the rapid spread of coronavirus variants. Output at large-scale slaughterhouses rose by almost 8 percent during the first week of the new year. Adding to the excess supply of domestic pork meat has been releases of frozen pork from state reserves in the past couple of weeks in several provinces, including Hubei, Tianjin, and Jiangxi, among others. While these factors have contributed to...
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.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...