Animal Disease It’s back! After the hog market was disrupted in 2014/15 by the spread of porcine epidemic diarrhea virus (PEDv), a new case has been discovered in Alberta on a 400-head farrow-to-finish operation. The discovery was made on 3 January and reported by a private veterinarian. This is Alberta’s first case. In 2017, there were about 50 sites in Manitoba with confirmed cases of PEDv. The disease was a major factor during the previous 2014 outbreak when pig losses drove hog prices to record highs. Typically, PEDv occurrences are reduced in the hotter summer weather (the 2014 outbreaks were confined to the winter months). Last week about 2,665 feeder pigs entered the U.S. from Alberta. Meanwhile, another case of virule...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.