Livestock Live Hog Prices Tank, Down More Than 14 Percent Last Week The Ministry of Agricultural and Rural Affairs (MARA) data show the national live hog price down for the tenth week in a row last week, shedding 6.4 percent. According to data from the market analytics firm Boyar, the national average price dropped by RMB 3.45/kg ($.52/kg) or RMB 1.56/lb. ($.24/kg). That equated to a week-on-week decrease of 14.2 percent. With the national average price below RMB 21/kg ($3.21/kg) or RMB 9.53/lb. ($1.46/lb.), this marks the lowest level since mid-August 2019. Not surprisingly, the sharply lower average live hog price resulted in the average profit per pig falling last week by 36.6 percent or RMB 421/head ($64.37/head). The average operatin...
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.