World Perspectives
livestock

Livestock Roundup: Hogs and Pigs Slow Path to Herd Reduction while Productivity Growth Continues

Last Friday USDA released its quarterly Hogs and Pigs report for the September through November quarter. The total inventory of hogs and pigs on 1 December was 74.971 million head, which was up marginally from December 2022. The inventory, however, came in below the consensus pre-report expectation.

With the December 2023 report, USDA revised the 1 December 2022 inventory upwards by 1.837 million head from the original estimate, making the revised inventory estimate for 2022 74.956 million head. All quarters in 2023 were revised higher.

The inventory of hogs and pigs on 1 December 2023 was down marginally from the previous quarter, which ended on 1 September. This was in line historically with a smaller December inventory compared to...

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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.

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