World Perspectives
livestock

Livestock Roundup: U.S. Pork, Brazilian Beef Exports Resume to China

With Easter retail orders mostly complete, the pork cutout, especially hams, is under pressure. From the beginning of March, the ham primal has dropped 16 percent; the only other cut with a bigger drop is the belly. 

Through last week, hog slaughter was up 1.6 percent over the same 10 week period in 2022, but pork production was up only 0.9 percent due to lighter slaughter weights. This would suggest softer demand is an issue for pork given the drop in cutout values.

Hams in cold storage at the end of February were 101 percent of last year, and 108 percent of the end of January, i.e., the previous month. Bone-in hams were 105 percent of last year and 135 percent of the previous month. Bellies in cold storage at the end of Februar...

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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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