Livestock Live Hog and White Feather Broiler Prices Fall on Rising Supplies Even with the National Merchant Reserve Center stepping in to buy up surplus pork for the country’s frozen reserves, the national live hog price contracted by 5.4 percent. That translated into a week-on-week decrease of RMB .88/kg ($.14/kg) or RMB .40/lb. ($.06/lb.). The drop in price resulted in the average profit per live hog falling back into negative territory as the margin shed RMB 107/head ($16.54/head). Lower hog prices pushed down wholesale pork prices but by a much smaller magnitude. Data from the Ministry of Commerce’s survey show the national average pork price fell by .9 percent last week to RMB 20.9/kg ($3.23/kg) or RMB 9.48/lb. ($1.47/lb...
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.
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...