Livestock China’s Breeding Pig Restocking Efforts 0n Track Through the first nine months of 2020, China has imported 15,400 head, an increase of 1,407 percent from the same period in 2019 according to Customs Bureau data. The outlook for the fourth quarter remains robust as projections suggest the total may surpass an additional 4,600 head, bringing the 2020 total to above 20,000 head. That would translate into a new historical record for breeder pig imports in a single year. As noted two weeks ago, the last data release from China’s National Bureau of Statistics showed that reproductive sow inventory had recovered to 38.22 million, a 28 percent year-on-year increase from September 2019. That would mean the country&rsqu...
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.