Cattle Feeding Isn't for Sissies Feedlots are facing a challenging year. Thus far in 2012, cattle supplies are about 2.455 times under feedlot capacity and won't improve significantly in 2013. Compare that to the late 1990s when supply was about 3.25 times capacity. That is going to force some stiff competition for sourcing in the feeding sector. Add to that high grain prices and an unknown outlook for next year, plus uncertainty in the retail and export markets for beef, and the feeding business isn't for sissies in the coming year. Feedlots are going to have to either commit to getting the supply for normal turnover, or basically bail. Rationalization in the sector is a given based on the overcapacity, and it may not be pretty to wat...
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...
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.