Livestock Live Hog Price Down 2 Percent, White Feather Broiler Rises By 11 Percent After peaking at RMB 40.28/kg ($5.73/kg) or RMB 18.27/lb. ($2.60/lb.) at the end of October, the national average live hog price has fallen for five straight weeks. Ending last week at RMB 31.61/kg ($4.50/kg) or RMB 14.34/lb. ($2.04), the average price has shed 21.5 percent here in November. By comparison, the average white feather broiler gained RMB 1.04/kg ($.15/kg) or RMB .47/lb. ($.07/lb.) last week, reversing four straight weeks of decreases to finish at RMB 10.65/kg ($1.51/kg) or RMB 4.83/lb. ($.69/lb.). Since the end of October, the average price for white feather broilers has declined by nearly 22 percent. Operationally, the profit per...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.