Pork prices have been volatile but that has not prevented U.S. pork exports from rising. In fact, there is a slight negative correlation (-.28) between front-month futures and monthly pork exports. Moreover, pork exports increased in 2022 despite a rise in global ending stocks. Instead, U.S pork exports have benefited from a softening in competition from Canada and the EU. This has occurred despite exporters bearing the burden of a strong dollar. Although Canada’s pricing has been cheaper, EU prices have been running higher. U.S. pork futures fell 5.17 percent last week, and one week earlier pork exports hit a marketing year high. ...
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
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.