Livestock Leading Hog Producing Provinces See Strong Recovery With China’s nationwide sow inventory standing at 37.65 million head at the end of July, market expectations project a total of 40 million head by the end of this year. Among the major hog producing regions, the recovery with respect to reproductive sows and total live hog inventory appears on track to meet the targets laid out by China’s Ministry of Agriculture and Rural Affairs (MARA). In Henan, the leading hog producing province, the reproductive sow inventory has increased for eleven consecutive months, climbing to 3.43 million head through this past June. In terms of total live hog inventory, Henan has seen its herd stage a remarkable recovery since July 2019,...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
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...