World Perspectives
livestock

Hogs and Pigs Report: Status Quo Numbers

USDA released its first quarterly Hogs and Pigs report for the year today. At 72.86 million head, the total inventory as of 1 March was slightly above last year’s 72.69 million head.  The report was generally in line with pre-report expectations, except there were a few more market ready hogs than expected, a slightly bearish situation. But looking forward, farrowings for the first two quarters of this year were below the consensus forecasts, a bullish situation. Hog prices started to slide in mid-March, which could affect actual farrowings versus the reported intentions.   Every report last year showed most categories down from 2021; this report which shows a steady course of status-quo was a bit of a turn-around...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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