World Perspectives
livestock

Cattle on Feed and Red Meat Production

Through yesterday, cattle slaughter was down from the week before. The Choice cutout was up but Select dropped.  Hog slaughter is up this week over last so far. The pork cutout did slide today, pulled down by bellies and loins. Other cuts were steady to higher. Bellies and loins represent the two largest year-over-year inventories in last month’s USDA Cold Storage report. Bellies were at 132 percent of a year ago and loins at 143 percent (179 percent for bone-in loins).  The next report comes out on Monday.    Red meat demand from retail remains strong. The key question is: how long until consumers’ freezers are full and the run on meat and poultry wanes? The February slaughter report shows red meat prod...

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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.

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