World Perspectives
livestock

Livestock Roundup: China Hog and Pork Situation

CME cattle futures have grabbed the attention in the U.S., but in China, hog futures are the focus. January hog futures on the Dalian exchange are at a new contract low of ¥14.07/kg which is down about 4 percent. March futures are down about 3 percent with higher volume and a 10 percent decline over 10 trading days.   MARA reported October hog slaughter at 28.7 million head, which was up more than 3 percent from September and 36.7 percent compared to October 2023. For the January through October total, slaughter in 2023 is 271.1 million head, which is 17 percent above the same period in 2022.  The volume of hog futures saw a huge year-over-year increase in November, up 163 percent, at a volume of about 19 percent over t...

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Jul 24 Corn closed at $4.69/bushel, up $0.0875 from yesterday's close.  Jul 24 Wheat closed at $6.4875/bushel, up $0.2625 from yesterday's close.  Jul 24 Soybeans closed at $12.4875/bushel, up $0.3375 from yesterday's close.  Jul 24 Soymeal closed at $387.6/short ton, up $15.4 fr...

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CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

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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.

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