World Perspectives
livestock

WASDE Livestock and Dairy

Today’s WASDE showed USDA’s combined red meat and broiler production forecast down 1.5 percent from 2019, and down 2.8 percent from the March WASDE forecast pre-COVID. Compared to last month, beef is up 90 million pounds, broiler meat up 50 million pounds and pork production down 80 million pounds. Beef is up because of the rate of slaughter which is being driven by the amount of cattle coming off feed yards. After the COVID break, along with drought conditions in the Plains, feed yards got very front loaded. The pork estimate is reduced based on slower slaughter and lighter weights; producers did a good job of keeping weights in check when the packing plants backed up, much of that by cutting back on protein such as soymeal...

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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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