Pork slaughter capacity grew this week more than in any previous single year as the pace of pork exports is trending differently than in 2016. Meanwhile, the direction of Hurricane Irma’s path could temporarily impact packing capacity in one state. July Export Data Pork was down and beef was way up when it came to global sales by U.S. packers in July. Beef exports totaled 104,488 MT, a 5 percent increase over the same month last year. The total sales value hit $623.7 million, up 18 percent from a year ago and the largest monthly value total since December 2014. For the first seven months of 2017, beef exports were up 11 percent in volume and 15 percent in value versus last year.Also in July, pork exports totaled 173,675 MT, down 4 percent...
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
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.