Livestock China’s Live Hog Price Up Nearly 22 Percent According to the National Development and Reform Commission (NDRC), the first state procurement of frozen pork for reserves for MY 2021 took place today. The total purchased was 20,000 MT or approximately 13 percent of the country’s average daily domestic pork output. As previously reported, China’s central government released a work plan last month to improve the mechanism for adjusting pork reserves in an effort to stabilize the market. The plan detailed multiple measures to avoid dramatic price fluctuations and supply and demand imbalances. State purchasing for pork reserves will occur at the national and local levels and will commence when an index comparin...
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...
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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.