Livestock Central Government Takes More Steps to Rein in Pork Prices Following the auction of frozen reserved pork last week, China’s National Development and Reform Commission (NDRC) plans to release 15,000 MT more this Sunday. By the end of the month, a total of 200,000 MT of frozen reserved pork is expected to be put up for auction, as the Golden Week, recognizing the founding of modern China, will begin on 1 October. Party leadership is keen on keeping retail pork prices where most people can afford them given the economic doldrums impacting the country. In the provinces of Jiangxi and Anhui, the recent auction saw an average price below the RMB 20/kg ($1.31/lb.) threshold, and lower than most national prices. Following t...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.