The ASF outbreak has brought much attention to the world’s tenuous supply of animal protein. China is the largest producer of pork in the world but produces less chicken meat than Ukraine and is far behind other major producers on a per capita basis. It produces half as much beef as the U.S. and 40 percent less than Brazil. Argentina’s pork production has been expanding, but from a very small base. Brazil’s expanded production in all three major proteins has been steady, though not overwhelming. Its compound annual growth rate (CAGR) for the past 10 years has been 1.8 percent per year. China’s total meat production began falling long before African swine fever. Its CAGR for the three major animal proteins sinc...
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...