There is still a lot of head scratching in the pork markets to try to understand the potential impacts of California’s Proposition 12. Some clarity was brought by California’s decision to not enforce the requirements for pork products already in the pipeline. As of 1 July, any new pork product harvested and processed must be Proposition 12 compliant, however, inventories existing prior to 1 July can be sold through the end of the year. That will make the USDA Cold Storage report for inventories of total pork, and especially primals, as of 30 June, a very interesting report. Meanwhile, there is somewhat of an overlooked issue in implementing Massachusetts Question 3. Massachusetts actually passed its referendum on sow hous...
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.