World Perspectives
livestock

USDA Reports: Protein Production Recovery, Global Trade Decline

Today’s WASDE showed USDA’s red meat and broiler production forecast up from last month. Last month’s WASDE total beef, pork and broiler production estimate for 2020 was bumped up to be 0.05 percent greater than 2019. This month it is projected to be 1.7 percent ahead of last year, with a reduction in beef more than offset by pork and broilers, though broiler production is down the most from the pre-COVID March estimates. 

Forecast end-of-year average live animal prices are very bearish. 

Pork exports are a safety net for hogs. China is still in the market and buying whole/half carcasses and bone-in hams that don’t take as much labor in the packing plant which helps relieve some back log. Mexico, the...

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FOB Prices and Freight Rates App (Updated 4 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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.

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