Beef Cattle and DDGS Demand Last week, Livestock Roundup covered the topic of beef production which was the lowest 1 July beef herd since at least 1973 and a 21 year-low of beef production coming in 2014. With that bearish forecast still fresh in mind, we received EPA's announcement of the 2013 and 2014 required volume obligations for biofuels that hints at maybe lower ethanol mandates for corn ethanol and definitely lower mandates for advanced ethanol. Combining the cattle report and the ethanol announcement makes us think about DDGS.Not all of the drought and after-affects are over to date and seasonal beef production has actually spiked relative to cattle herd size. While this is the fourth straight year of production declin...
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.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...