Livestock Live Hog Producers Cut Output as Prices Plummet With China’s leading hog producers reporting their monthly sales for August, the country’s domestic output appears to be trending downward heading into the fall. Muyuan Foods and Zhengbang Technology Company, the top two producers, cut their sales in August by 14.5 percent and 2.3 percent to 2.57 million head and 1.71 million head, respectively, as sales prices cratered. Aonong, the sixth leading producer, reduced output by 15.6 percent in August to 213,000 head. The combined sales for the top nine producers’ last month totaled 7.27 million head, down 209,000 head or 2.8 percent from July. Through the first eight months of 2021, these same producers h...
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.