Due to the Christmas and New Year holidays, the next weekly China In-Country Analysis will be 8 January 2020. Livestock Beijing Rolls Out 18-Point Plan to Rebuild Domestic Pork Supply Two weeks ago, China’s Ministry of Agricultural and Rural Affairs (MARA) put forth a directive outlining the central government’s three-year plan to restore pork production. Since then, more details on this robust policy goal have come to light. Vice Premier Hu Chunhua, at a 1 December meeting entitled the “market basket responsibility meeting”, reiterated the 18 policy support measures that local and provincial officials need to embrace in order to reach a self-sufficiency target of 70 percent. At the heart of these top down measur...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
From WPI Consulting
Accountability and a comprehensive approach to export programming
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