The January WASDE, released this week, included the updated year-end 2014 estimates showing red meat production up from the December report and supported several other estimates. WASDE We noted in last week's report that U.S. pork production is expected to be 5 percent higher in the second quarter, based largely on the 4 percent larger pig crop last fall and 1 percent higher marketing weights. Pork production in the last half of 2015 is expected to be 5-7 percent higher, driven by 3-4 percent larger farrowings this winter and spring, higher weaning rates and small increases in market weights. This week's WASDE report confirms these estimates as shown below:Indeed, the report included the updated year-end 2014 estimates showing red meat pr...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.