Losing Count of Chinese Pigs Yesterday China announced a new African swine fever (ASF) outbreak in Sichuan Province, bringing the total now reported to more than 140. In the hog and pork world, it is ASF all day, every day. That is THE black swan event in the market for the world’s most consumed meat. Producers, packers, traders and analysts can’t get enough information, especially good updates, about what is happening ( click here for WPI’s special report by Williams and Lu that provided some valuable insights). For example, China’s National Bureau of Statistics and Ministry of Agriculture just this week issued two substantially varying reports, indicating the hog herd in the first half of 2019 was down 15 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
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.