As Global Agribusiness Partners reported in WPI’s China In-Country analysis yesterday, there is “uncertainty over the future outlook of China’s live hog” sector due to ASF “new limits by the central government on the transportation of live hogs.” China’s plan and forecast was to restore its hog herd and pork production this year. The new ASF incidence – or one or possibly two new variants – likely puts a lid on those plans and expectations. Production was forecast to be up 14 percent over 2020. As a result, pork imports were forecast to be down 15 percent to 4.5 MMT. The U.S. exports last year held a 16 percent market share, second behind the EU’s 41 percent market share (pr...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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.