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...
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Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.