Livestock Live Hog Price Reverses Course, Falls by More Than 4 Percent After beginning the month of March with a solid gain of more than two percent, the national average live hog price slumped by 4.3 percent last week. That translated into a week-on-week decline of RMB 1.26/kg ($.15/kg) or RMB .57/lb. ($.23/lb.). Despite modest declines in the price of soymeal and corn, lower wholesale prices for live hogs resulted in the average profit per head dipping by RMB 160/head ($24.62/head) or 9.1 percent. While the cash market was down last week, futures prices for the September and November contracts headed in the opposite direction. The September 2021 contract closed at RMB 28,750/MT ($4,423.08/MT), up RMB 465/MT ($71.54/MT) from the previous...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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.