Livestock October Reports Show Improving Pork Supply and Price Pressures According to the latest corporate filings for this past October, the average live hog sales prices for the top four publicly listed companies fell sharply from September. The Wens Group, Muyuan Foods, New Hope Group and Zhengbang Biotech reported monthly decreases of 17.5 percent, 11.2 percent, 17.5 percent, and 21.3 percent, respectively. The company reports noted that the improving supply of hogs was the main driver of lower sales prices. At the recent third China International Import Expo, an official from the country’s Ministry of Commerce (MOFCOM) stated that the domestic meat supply has been improving steadily, reaching 80 percent of the pre-African...
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.