Livestock Squeeze of Low Prices and High Feed Costs Plagues Hog Sector The latest data release from China’s Feed Industry Association indicates that the average price for hog feed has risen for six months in a row through the end of December. Expectations are that with corn prices remaining strong and soymeal seeing modest gains in January that cost pressures will last at least through the first quarter of this year. Market reports show that in January feed mills have pushed pricing on swine feedstuffs up by an average of RMB 25 to 200/MT ($3.92 to 31.40/MT). Meanwhile, producers keep responding to the higher input costs by raising heavier hogs, even though there was some downward movement in this trend in the early fall. The nation...
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.