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: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.