This most recent estimate is founded on expanding pig production, higher farrowing intentions for the last quarter of 2014 into 2015 and a more rapid forecast recovery in pigs-per-litter.USDA's October 2013 WASDE report projected pork and beef production to be at near parity for 2014, estimating beef at 24.15 billion pounds and pork at 24.135 billion pounds. Subsequent to that, the Porcine Epidemic Diarrhea virus (PEDv) took a toll on pork production in the colder weather period, but waned in the warmer months as had been expected. Pork slaughter this year is down 5.7 percent, based on fewer animals. However, pork production decreased only 1.7 percent from last year, based on heavier carcass weights. Slaughter weights were 10 pounds h...
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.
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...