Livestock Price Pressures For Domestic Hogs and Chickens Continue In a recent interview, the chief pork industry analyst for the Ministry of Agriculture and Rural Affairs (MARA) said domestic hog prices should improve in June. This official believes that the imbalance between over-supply and slow consumer demand will be sorted out in the coming weeks. Yet, given current trends with both domestic pricing and increasing pork meat imports, that outlook seems rather optimistic. Last week saw the national average live hog price edge down RMB .06/kg ($.004/lb.) or .4 percent. With soybean meal prices staging a rally in recent weeks, feed costs have begun to edge higher, but they have been somewhat offset by declining corn pric...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.