World Perspectives
livestock

Hogs and Pigs Report; Chinese Tariffs

USDA released its quarterly Hogs and Pigs report last Thursday and before the three-day market holiday. The total 1 March hog and pig inventory was 72.9 million head, 103 percent of March 2017 but only 99 percent of December 2017. This was in line with the pre-report estimates.  Producers intend to farrow 3.08 million sows for the March-May quarter or 102 percent of the same quarter last year. Further, they intend to farrow 3.16 million sows for the June-August quarter or 101 percent of a year prior. Indeed, the pig crop was 32.3 million head, 104 percent of the same quarter last year. Moreover, pigs saved per litter were 10.58, which was a record for the December-February quarter and up from 10.43 the previous year. That alone will s...

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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.

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