Macroeconomic Food Prices in July See Biggest Drop Since April 2017 With live hog and pork prices falling to breakeven levels, the overall food inflation rate for the month of July fell by 3.7 percent year-on-year. This marked the second straight month of food prices declining in the aggregate on yearly basis. It also parallels a slowing economy in China, as the second quarter GDP grew at an annualized rate of 7.9 percent, below the consensus estimate of 8.1 percent and down from the initial pandemic recovery of 18.3 percent for the first quarter. Pork prices in July dropped by 4.5 percent from the previous year, while fresh vegetables were down 4 percent. Meanwhile, other staple foodstuffs, which are up from a year ago, continue to see...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
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.