World Perspectives
livestock

Hogs and Pigs/Cattle on Feed Reports

Tomorrow, the last business day before Christmas, will be a busy one for livestock news. USDA will be releasing its quarterly Hogs and Pigs inventory report after the market closes early for the holiday weekend and the monthly Cattle on Feed report beforehand. Following are a few preliminary thoughts on both. Hogs and Pigs Report Industry pre-report estimates have inventory at 102.5 percent of last year with market hogs also at 102.5 percent and sows kept for breeding at 100.9 percent. These forecast increases come on top of a record swine herd, which reached 73.549 million head on 1 September. If the assumptions about a larger herd are correct, it will be the fourth year in a row that the September-November quarter has increased on a yea...

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Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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