More sow farrowings and fewer females in the 2016 annual cattle slaughter mean strong red meat production again in 2017. Meanwhile, the Georgia Department of Agriculture creates a new broiler price index, and Korea subsidizes U.S. egg imports. More Hogs and Cattle in 2017 As covered previously, the December Quarterly Hogs and Pigs report was bearish for hog prices based on the growth in the swine herd. Both the September inventory and the March-May pig crop were revised upward, but one of the key changes was correction of the number of sows farrowed after the two previous reports estimated a decline from the year before. The December report, however, showed actual farrowings were up 3.9 percent, which means more pigs will continue to come...
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.