Last week, WPI reported on the ongoing fertility problems in the broiler breeding flock which is costly to the vertically integrated broiler sector that operates on a just-in-time inventory model. As of last week, egg sets were up 0.3 percent and chicks places were down 0.4 from last year, but with higher weights, broiler production was up over last year. As noted in last week’s Livestock Roundup, Tyson Foods, the largest broiler producer announced that it was transitioning out of “never ever” antibiotic chicken production to improve efficiency. Since then, Tyson announced that it is also closing four plants – one in Arkansas, two in Missouri, and one in Indiana. The company says these are older, smaller plants wher...
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.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...