The June export data for pork shows the Jekyll and Hyde situation facing the industry. Typically, those sales follow the seasonal slaughter pattern and start to drop off in June, but the latest export totals painted a mixed picture that reflects the uncertainty in the export market. Exports are a key metric for the U.S. hog sector. In June, they accounted for 27.8 percent of pork production versus 25.8 percent for the first half of the year. If exports continue at the same pace for the rest of the year, they could take up to 1 percent more of production, which is key as that is expected to be larger in the second half of the year. The last USDA Hogs and Pigs report estimated the pig crop so far this year to be 4 percent larger than in 2018...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.