China’s Changing Pork Import Mix Two key reports about China’s impact on global pork demand came out this week. The first was Rabo Bank’s quarterly report which forecast pork production in 2019 to be down 25 percent from 2018 (which the report points out is 12.5 percent of global production), and that it will take about 5 years for recovery. A key theme of that report was the structural changes coming as the production capacity is rebuilt, but that hog feed demand will rebound more quickly than hog and pork production as this is winnowing out the small inefficient and backyard herds. As China rebuilds its swine industry it will also modernize and improve the overall infrastructure and efficiency of the sector...
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.