Livestock Live Hog Price Remains Hot, Jumps More Than 6 Percent in One Day Tuesday saw the national average live hog price single day increase of RMB 1.12/kg ($.08/lb.) or 6.3 percent to 18.94/kg ($1.28/lb.). As of yesterday, sixteen provinces, including, Anhui, Beijing, Fujian, Guangdong, Hebei, Heilongjiang, Henan, Jiangsu, Jiangxi, Jilin, Liaoning, Shandong, Shanghai, Shanxi, Tianjin, and Zhejiang, saw their average domestic hog prices surpass RMB 20/kg ($1.35/lb.). Through last week, the national average price had reached RMB 17.82/kg ($1.21/lb.), up 8.3 percent from the week prior, which pushed up the average profit per live pig by RMB 133/head ($19.85/head) or 204.6 percent. Last week’s price surge brought the corn-hog ratio o...
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...
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.