USDA released its quarterly Hogs and Pigs report today. The numbers were in line with pre-report expectations. The inventory of all hogs and pigs on 1 June was 75.1 million head. This was up slightly from 1 June 2024, and up 1 percent from 1 March 2025. Breeding inventory, at 5.98 million head...
The Market Oilseed markets have certainly seen no lack of volatility over the past several weeks, with the EPA’s surprise, bullish Renewable Volume Obligation (RVO) mandates release a little less than two weeks ago, which was followed by the Israel-Iran conflict. That conflict drove...
The CBOT was sharply lower at mid-week with favorable weather for the U.S. 2025 spring crops and weaker global grain markets exacting a heavy toll. Notable among the day’s moves were the new contract lows in corn and soymeal and soybeans’ move back below the prices they traded just...
Ignoring Margins The U.S. Senate’s Subcommittee on Antitrust, Competition Policy, and Consumer Rights held a hearing yesterday on, Reducing Regulatory Burdens to Unlock Innovation and Spur New Entry and the meat packing industry was front and center. UC-Berkely Senior Fellow Doha Mekki co...
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.