Livestock China’s Average Live Pig Price Rises Another 3.5 Percent China’s national average live pig price climbed 3.5 percent from the previous week to reach RMB 14.97/kg ($2.24/kg) or RMB 6.79/lb. ($1.02/lb.) as of 20 March, its highest level since January of last year. This strong momentum marked three straight weeks of solid increases since the end of February. At this pricing, demand for imported pork products should continue to rise for the balance of 2019. The latest USDA-FAS semi-annual livestock and products report forecasts China’s pork imports will grow 33 percent this year to 2 MMT. The situation may seem to offer little consolation for U.S. producers, given they face a 62 percent retaliatory tariff in China...
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.