Public Health COVID-19 Case Count Up, Deaths Fall, Lockdowns Spread Since the end of March, the trailing seven-day average of novel coronavirus cases in China has made a U-turn according to data from Johns Hopkins University. After spiking to a record seven-day average of 66,551 cases on 1 March, with the outbreaks in Shenzhen, Jilin, and Shanghai, the new lockdown measures quickly reduced the average to 14,382 by 30 March. Through Sunday, the seven-day average had more than doubled, rising back to 30,179 cases with a corresponding mortality rate of 41 COVID-related deaths. As of yesterday, the seven-day average had retreated to 24,948 cases and 32 deaths. The low death rate is attributable to the widespread incidence of vaccine inoculati...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.