World Perspectives
livestock

Cattle on Feed Preview

USDA will release its monthly Cattle on Feed report tomorrow after the market closes. Pre-report estimates from the industry peg the total number on feed as of 1 February to be virtually the same as on the same date in 2018.

January placements are expected to be 93.5 percent of last year, and marketings are expected to be more current at 102.4 percent of a year ago. The tough weather conditions on feedlots this year have impacted feed efficiency and gains. Beef production to date is running about 1.7 percent below the same period last year, which compares to a slaughter rate that is down only 0.4 percent. Reduced tonnage of beef production – whether due to fewer cattle or lighter slaughter and carcass weights – should be bul...

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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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