A drop in U.S. beef exports is corresponding with the cattle cycle fall in production. U.S. beef production is falling by a half million tons, with domestic consumption losing about half that amount, and reduced exports offsetting about a third of the lower output. The export drop looks more significant because it follows a record for beef exports last year. An impressive change in the world beef market is the increase in exports being executed by Brazil. Brazilian beef exports are averaging a compound average growth rate of over 5 percent. More significantly, a major market for Brazil is China, where beef import demand has been growing 25 percent per year. Notably, China’s imports will not be impacted by concerns over carbon o...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.