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: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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.