World Perspectives
livestock

Hogs and Pigs Report

USDA released its quarterly Hogs and Pigs report yesterday, confirming herd expansion and containing a number of records. The total inventory of hogs and pigs as of 1 June was 73.5 million head, 103 percent of last year and also up to 101 percent of the last quarter on 1 March. It was in line with the pre-report estimates and is the largest 1 June on record (since 1964). Market hogs totaled 67.1 million head, also 103 percent of year-ago levels as well as a record for 1 June.

Sows kept for breeding totaled 6.32 million head or 103 percent of last year, and that was the biggest market surprise in the report as industry expectations had this inventory at 101.7 percent. Producers reported their intention to farrow 3.17 million sows during...

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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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