Zhu Zengyong, an analyst and researcher with the state-backed Chinese Academy of Agricultural Sciences, said on Monday that there is no more room for pork growth in China. A rise in demand from the world’s largest consumer of pork has propelled the expansion and modernization of hog farms, but a weakening economy and a surplus of pork has hammered retail prices. Current demand in China is stable and unlikely to rise further, Zhu said at the seminar. He said it is not advisable for companies to expand sow capacity this year and instead should be focused on cost reduction and efficiency of breeding. In 2024, Beijing lowered the national target for normal retention of breeding sows to 39 million from 41 million and iss...
Beef packer margins deteriorated to $156.75/head last week, down $46.05 from the prior week as fed cattle prices strengthened while gains in the Choice cutout were comparatively modest. The Choice cutout increased...
What You Need to Know Today: Oil prices moved higher early Monday before giving back some of their gains after drone attacks forced the shutdown of Saudi Arabia’s East-West Pipeline, a critical route for bypassing constrained shipping through the Strait of Hormuz. The disruption puts rou...
Key Takeaways: Expected returns to production for U.S. cow-calf producers have shifted lower from prior forecasts as cattle values fall and feed costs rise. Producer revenues are forecast 1 percent below our August outlook and will be 1.2 percent below 2025 levels. Feed costs have lessen...
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.