Livestock Rising Feed Costs and Hot Temperatures Force Some to Sell Hogs Here in August average feedstuff prices have continued to climb as a result of higher soybean prices and the loss of corn supplies from Ukraine. Since the start of July, the average producer’s price for soymeal has climbed by 4.4 percent and by nearly 2 percent since just the end of July. While the domestic corn harvest began recently, the market expects the new crop will come into play about a month from now. At the end of last week, a number of feed mills announced they would raise their prices by RMB 50 to 100/MT ($7.42 to 14.84/MT). Despite these ongoing price hikes, a number of major feed producers have said their first half financials are showing lower ne...
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.