Livestock China’s Live Hog Market Face Uncertainties, Nears Breakeven Point According to the Ministry of Agricultural and Rural Affairs’ (MARA) recent official survey, hog slaughter output was up 41 percent in April. Through the first four months of 2021, production has increased by nearly 40 percent from a year ago. The National Bureau of Statistics (NBS) noted that a total of 171.4 million were slaughtered in the first quarter or about 57 million head per month. While MARA’s numbers are often opaque, the uptick for April suggests about that around 80 million hogs were butchered, bringing the year-to-date total through the first four months to just under 252 million head. Surveys with producers and traders last week con...
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.