Anyone following the hog and pork markets recently has seen the volatility that preceded the recent surge to new contract highs, and the lack of consensus in the industry’s outlook. Earlier this week, the USDA issued a supportive outlook for the hog and pork markets in 2025, which helped support markets further. Amid this backdrop, WPI offers our outlook for the 2025 hog and pork markets. Briefly, our models anticipate strong pork demand in Q1 and Q2 to offset larger production and create a price-supportive environment. In LH 2025, pork demand will look similar to 2024 levels, but stronger exports and a more bearish production outlook (compared to USDA’s latest numbers) will keep prices high. The details of the hog market&...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.