World Perspectives
livestock

Livestock Roundup: Cattle on Feed Preview

USDA’s monthly Cattle on Feed report will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 98.5 percent of last year with the range of estimates between an incredibly tight 98.3 percent and 98.8 percent of 1 May 2024.   Nonetheless, Friday's report will likely be viewed as friendly by the market, but with markets closed on Monday for the Memorial Day holiday, it's not likely that the report will have much effect on Tuesday. Placements in April are pegged at 97.1 percent in a range of 95.4 percent to 98 percent. If accurate, those predictions would put placements at 1.605 million head, the lowest since April 2020, which was during COVID. Feeder cattle sales were d...

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FOB Prices and Freight Rates App (Updated 10 December)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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