World Perspectives
livestock

Helpful But Lagged Livestock Help

Hog prices were down more than 35 percent from a year ago and industry analyst Steve Meyer of Kerns & Associates says the sector is incurring the greatest economic damage he has seen in 30 years. He says, “the backup could reach as many as 2.5 million hogs by the end of the year…[and] potential 2020 revenues from hog sales have been reduced by roughly $4.7 billion.” Things are not much better on the beef side with live cattle down 14.5 percent and cattle slaughter still down from a year ago. The livestock sector is likely to see adverse impacts into 2021 but it is still curious why USDA’s announced changes in the Livestock Gross Margin (LGM) insurance program will not take place until next year. The helpful chan...

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Recent Market Volatility Increases Futures Mispricing

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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.

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