Sudanese officials have reportedly spoken to U.S. officials about Khartoum’s aspirations to both join the WTO, and export agricultural products to America like livestock products. The World Bank is also pushing Sudan to emphasize its food and livestock exports in the wake of collapsed petroleum prices. The country certainly has the relative resources, sporting a very small share of Africa’s population while concurrently managing large percentages of the continent’s livestock (see graph below). Of course, nothing rouses more opposition than the trade in livestock products. First, it imposes increased competition in generally lower profitability commodities. Second, the risk of transmittable disease increases, though most i...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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.