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livestock

Livestock Roundup: Trade Relief Protein Purchases; China Pork Imports; Pending Cattle on Feed Report

Trade Relief Protein Purchases As expected, USDA announced the second trade mitigation program today. It is a $16 billion package with $1.4 billion earmarked for the Food Purchase and Distribution Program (FPDP) created last year, up $200 million from last year’s target amount. Commodities to be purchased include fruits, vegetables, some processed foods, beef, pork, and milk. Poultry and lamb have now also been added to that list. The surplus commodities will be distributed by the Food and Nutrition Service (FNS) to food banks, schools and other outlets serving low-income individuals. Details are forthcoming, but the amounts under the initital FDFP action are noted in the table below.

The first FPDP purchase program was announced...

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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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