Cattle and Beef Supply In short, cattle are down and beef is up. The National Ag Statistics Service released the monthly cold storage report today. It shows beef in cold storage up one percent over last month and down four percent over last year. The growth has been in boneless beef stocks which are up 12 percent, while beef cuts – which consist mostly of primals - are down 35.5 percent. As would be expected, boxed beef prices are up this month which is partly seasonal.Overall red meat was down three percent from last month and down slightly from last year based on a reduction of pork of four percent from last month and one percent from last year. Poultry was up three percent from last month and five percent from last year.The monthly...
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...
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.