U.S. Cattle on Feed is up 1 percent in U.S. feedlots with capacity of 1,000 or more head to total 11.8 million head on March 1, 2024. Placements in feedlots during February totaled 1.89 million head, 10 percent above 2023. (Placements were the highest for February since the series began in 1996.) Marketings of cattle during February totaled 1.79 million head, 3 percent above 2023. Other disappearance totaled 56,000 head during February, 3 percent below 2023. ...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.