Livestock Price Pressures For Domestic Hogs and Chickens Continue In a recent interview, the chief pork industry analyst for the Ministry of Agriculture and Rural Affairs (MARA) said domestic hog prices should improve in June. This official believes that the imbalance between over-supply and slow consumer demand will be sorted out in the coming weeks. Yet, given current trends with both domestic pricing and increasing pork meat imports, that outlook seems rather optimistic. Last week saw the national average live hog price edge down RMB .06/kg ($.004/lb.) or .4 percent. With soybean meal prices staging a rally in recent weeks, feed costs have begun to edge higher, but they have been somewhat offset by declining corn pric...
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.