Livestock Live Pig Prices Fall for 10th Straight Week Despite optimism from some market observers regarding the near and mid-term strength of China’s swine market, prices fell to their lowest level in nearly four years. The national average live pig price as of 21 March 2018 was RMB 11.58/kg ($1.83/kg) or RMB 5.25/lb. ($0.83/lb.), a decrease of RMB 0.620/kg ($0.098/kg) or RMB 0.281/lb. ($0.044/lb.). This sustained drop-off, which began prior to the start of the Luna New Year and continued through the third week of March, is pointing to a swine industry beset by challenges. A recent report by the swine genetics firm Genesus argued that the industry should find itself in a strong position even with the shake-up caused by new environm...
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
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.