Livestock Domestic Live Hog Cash Price Rebounds by More than 7 Percent The recent procurement of frozen pork for state reserves combined with some warmer weather propelled the average cash price to its highest level since the end of 2022. On 24 February, China’s Merchandise Reserve Management Center, on behalf of the Ministry of Commerce, the National Reform and Development Commission (NRDC), and the Ministry of Finance, held the first state procurement of frozen pork to replenish the country’s central state reserves. As noted last week, the tender was for 20,000 MT, but the actual procurement amounted to just 7,100 MT with a price range of RMB 23,980 to 23,990/MT ($3,480.41 to 3,481.86/MT). A wave of warm temperatures also s...
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...
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.