A reduction in the swine herd due to the impact of the Porcine Epidemic Diarrhea virus (PEDv) had been anticipated, and analysts had expected USDA's quarterly hogs and pigs report to show the total herd to be down about 2 percent on the year as of 1 June.As we noted in last Thursday Livestock Roundup, the pre-report estimates for USDA's quarterly hogs and pigs report anticipated a reduction in the swine herd due to the impact of the Porcine Epidemic Diarrhea virus (PEDv). Analysts had expected the report to show the total hog and pig herd to be down about 2 percent on the year as of 1 June. When it was released Friday afternoon, the report instead showed the herd was estimated to be down 5 percent from last year and about 1 percent on the y...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
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.