Tyson Fire and Cattle Markets As Matt Herrington reported on Monday, cattle futures were down the limit after Tyson’s packing plant in Garden City, Kansas suffered a major fire last weekend. It will be closed indefinitely, and following is a closer look at the impact. The plant has a capacity of approximately 6,000 head/day, and daily kills are estimated at 5,700 head. That is about 20 percent of Tyson’s capacity, 5 percent of national slaughter capacity and 23.5 percent of the slaughter capacity in Kansas. Obviously, these are significant numbers, but even more impactful is that the cattle on feed inventory as of 1 July was at a record 11.5 million head. Approximately 21 percent of all feeder cattle are located in Kansas. Pr...
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.