USDA will focus on three specific areas in conjunction with the Obama administration's new National Action Plan for Combating Antibiotic-Resistant Bacteria. The veterinary and feed industries have already been cooperating with the U.S. Food and Drug Administration on the report's initiatives. Antibiotics Back in the Crosshairs The Obama administration has released a new National Action Plan for Combating Antibiotic-Resistant Bacteria. Under the plan, USDA will focus on the following three areas: development of best management practices to reduce antibiotic use in livestock by working with producers and veterinarians on the farm level, surveillance through the production chain, and research on alternatives antibiotics for bacterial disease...
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.