World Perspectives
livestock

Beef Shortage

There are fewer cattle in most exporting countries and continued strong demand in importing countries, especially Asia. Beef Shortage Lower feed prices are fueling a beef herd rebuilding from the lowest level in 62 years within the U.S., and that's keeping market-ready cattle at thin levels. At the same time, demand is steady to strong. That means live cattle prices are high and so are beef prices. Dressed cattle prices hit $240.05 for Choice and $237.44 for Select yesterday, both record highs. As of 31 December, beef in cold storage was down 3 percent from last month and 6 percent from last year. USDA announced today that beef production and cattle slaughter were both up one percent in December 2013. However, December 2012 production was...

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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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