USDA released the Hogs and Pigs report today, confirming a record swine herd for the third quarter in a row. Another factor, though, has kept prices from plummeting.Today USDA released its quarterly Hogs and Pigs report, which showed a record swine herd in the U.S. for the third quarter in a row. The total inventory of hogs and pigs as of 1 September was 73.5 million head, 102 percent of the previous year and 103 percent of the herd on 1 June. The numbers were in line with pre-report estimates.The record for the September-November quarter (herd size as of 1 December) was set in 1943 at 83.741 million head, so the string of record breaking quarterly inventories probably stops as of this month. This is the ninth of 15 quarters, however, that...
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.