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: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.