World Perspectives

Livestock Roundup: WASDE and Voluntary COOL

Yesterday’s WASDE had a very bullish outlook for fed cattle prices, raising them again to an annual average of $162/cwt – the previous record annual average cattle price was $154.50/cwt in 2014. Hog prices are down slightly and broiler prices up slightly. Cattle prices are projected higher even though beef production was forecast up slightly on higher slaughter for the first three quarters of the year due to increased cow slaughter and higher feeder cattle placements. Pork production was lowered from last month on lower projected slaughter weights. Broilers are up on increased hatchery data. Total red meat and broiler production is forecast down -0.7 percent from last year. With tight U.S. cattle supplies, beef imports are...

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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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