Livestock Live Hog Prices Remain Firm as Fall Holidays Near China’s domestic hog prices continued to rally here in the second half of August. The national average rose last week by RMB .88/kg ($.06/lb.) or 4.1 percent. With domestic corn prices continuing to ease, the average profit per live hog ticked up by RMB 106/head ($15.74/head) or 17.2 percent. Similarly, the corn-hog ratio on a cash basis saw another uptick last week to 8.03. According to the latest commodity price monitoring data from China’s National Development and Reform Commission (NDRC), the average ratio of the live hog price versus feed prices increased here in the last week of August by just over 1.1 percent to 6.34. With the traditional Mid-Autumn festival s...
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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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.