Several factors are putting upward pressure on China's average pork prices. President Xi's decree that party officials implement an eight-point guide for official conduct has also directly impacted the nation's meat consumption. Oilseeds Soymeal Inventories Continue Steady Buildup Through last week, the estimated soymeal inventories of China's major crushers climbed to 1.32 MMT, a 9.53 percent increase over the previous week. This marks the second straight week of significant inventory accumulation. Among the surveyed areas, the estimated inventories only decreased in Shandong, falling from 130,000 MT to 96,000 MT. The largest gain was in Guangxi at 61.4 percent. Meanwhile, they rose nearly 10 percent to 684,300 MT in the eastern region...
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.