Livestock Live Hog Price Continues Run, White Feather Broilers Rebound China’s national average live hog price continued its steady climb to close out May with an uptick of RMB .11/kg ($.007/lb.) or .7 percent. The continued run has lessened the average loss per live hog by another RMB 10/head ($1.50/head) or 29.4 percent. With the average domestic corn price dropping last week, the corn-hog ratio on a cash basis rose to 5.46. Meanwhile, the July and September hog futures contracts on the Dalian Commodity Exchange ended last week down RMB 295/MT ($44.16/MT) and RMB 305/MT ($45.66/MT) from the previous week’s settlement prices to finish at RMB 16,710/MT ($2,501.50/MT) and RMB 18,735/MT ($2,804.64/MT), respectively. Through toda...
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
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.