Livestock China’s Live Hog Market Still Weak, Looks to May for a Recovery China’s National Bureau of Statistics (NBS) released its latest economic production statistics last week, showing domestic production totaled 23.95 MMT in Q1. That represented an uptick of 8.8 percent from a year ago. Among all meat categories, pork production saw a year-on-year increase of 14 percent. Meanwhile, China’s domestic hog inventory at the end of March totaled 422.53 million head, up 1.6 percent from the end of March 2022, while the reproductive sow inventory came in at 41.85 million head, still above the optimal goal of 41 million and somewhat surprising given the impact of attenuated African Swine Fever (ASF) strains. All...
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.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...