Livestock China’s Live Hog Price Falls to Lowest Level Since Last May With China’s imports of frozen pork meat and offal up 25.2 percent to 900,000 MT through the first two months of the year, pork prices have continued to decline. Data from China’s Customs Bureau show that Spain, the U.S., and Germany have been the top three suppliers during the first quarter of 2021, accounting for 23.3 percent, 15.6 percent, and 9.3 percent to the total import volume, respectively. The other and more significant factor has been the rise in the number of young pigs being sent to slaughter here in recent months due to ongoing African Swine Fever (ASF) outbreaks and other health problems. As noted by several industry publications, inclu...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.