World Perspectives
livestock

Livestock Roundup: 2022 Meat Prices and 2023 Livestock Prices

USDA released its monthly meat price spreads today, which show the producer, packer and retailer share of the retail value of beef and pork. As expected, based on past and the current CPI reports, retail values of red meat during Q3 were down from earlier in the year, though beef saw a holiday spike in December. For the month, beef retail prices were flat, but down 3.1 percent on the year. Pork prices were down 1.9 percent for the month and up 1.5 percent for the year. Meanwhile, cattle producers are seeing a growing share of the retail value of beef, while hog producers have been seeing a declining share of the retail value of pork.

Obviously, for beef, with retail values declining and cattle prices increasing, the packers’ margin...

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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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