September 2023 total red meat and poultry stocks were up fractionally from August but were 8 percent below September 2022 as beef and pork stocks continue to tighten. Once again, the big shock from the report was the decline in beef and pork supplies that pulled red meat stocks down 17.1 percent from September 2022. Total poultry meat inventories fell 1.0 percent from August, exceeding their normal seasonal decrease, and were down 0.2 percent YoY. The report again highlights the diverging trends for red meat and poultry markets with chicken and turkey supplies remaining steady or increasing on industry expansion while multi-year declines in beef and hog herds continue to tighten supplies. ...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.