Livestock China’s Breeding Pig Restocking Efforts 0n Track Through the first nine months of 2020, China has imported 15,400 head, an increase of 1,407 percent from the same period in 2019 according to Customs Bureau data. The outlook for the fourth quarter remains robust as projections suggest the total may surpass an additional 4,600 head, bringing the 2020 total to above 20,000 head. That would translate into a new historical record for breeder pig imports in a single year. As noted two weeks ago, the last data release from China’s National Bureau of Statistics showed that reproductive sow inventory had recovered to 38.22 million, a 28 percent year-on-year increase from September 2019. That would mean the country&rsqu...
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.