Animal Disease It’s back! After the hog market was disrupted in 2014/15 by the spread of porcine epidemic diarrhea virus (PEDv), a new case has been discovered in Alberta on a 400-head farrow-to-finish operation. The discovery was made on 3 January and reported by a private veterinarian. This is Alberta’s first case. In 2017, there were about 50 sites in Manitoba with confirmed cases of PEDv. The disease was a major factor during the previous 2014 outbreak when pig losses drove hog prices to record highs. Typically, PEDv occurrences are reduced in the hotter summer weather (the 2014 outbreaks were confined to the winter months). Last week about 2,665 feeder pigs entered the U.S. from Alberta. Meanwhile, another case of virule...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.