Livestock Live Hog Price Reverses Course, Futures Down Again With the surprising uptick in domestic reproductive sow inventory, hog prices pulled back last week after a steady run that began in June. Nationally, the average price shed RMB .52/kg ($.03/lb.) or 2.3 percent last week to hold at just above RMB 22/kg ($1.48/lb.). That pushed down the average operating profit per live hog by RMB 67/head ($9.93/head) or 8.8 percent. This week in the northeastern provinces, the average has retreated to below RMB 20/kg ($ 1.34/lb.). With corn prices continuing to decline, the corn-hog ratio for last week stood at 7.80, down slightly from a week ago. On the futures market, live hog futures fell across the board last week for the second consecutive...
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.