Livestock New Study Points to Steady Recovery in China’s Hog Herd The Rural Development Research Institute of the China Academy of Social Sciences, a top think tank for China’s central government, issued the findings of a recent study concerning the country’s rural economic situation and future outlook. Based on the Institute’s analysis and projections, China’s live pig production output at the current pace is expected to expedite the recovery process this year. According to the report, China’s live pig production should recover to a total of 600 million head in 2020, while domestic pork meat production is expected to increase to 48 MMT, up 5 MMT from 2019. The study also expects that the national live...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.