Livestock China’s Pork Price and Poultry Price Ease on Rising Supply According to the provincial bureaus for agricultural and rural affairs in Sichuan and Hebei province, sow inventories climbed to 3.1 million head and 1.6 million head in June, respectively. Based on official projections from China’s Ministry of Agriculture and Rural Affairs (MARA), the national live pig inventory grew by an estimated 30 million head in June to a total of 340 million head. Similarly, the piglet supply rose for the fifth consecutive month. To limit the run-up in live pig and pork prices over the past six weeks, China’s Merchandise Reserve Management Center announced that it will put up 10,000 MT of frozen reserved pork tomorrow. That will...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
Beef packer margins declined to $190/head last week, down $32 from the prior week as the Choice cutout weakened while fed cattle prices remained steady. The cutout fell $2.56/cwt to $373/cwt while fed cattle prices held near $220/cwt, narrowing packer spreads after several weeks of improvement...
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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.