Livestock Live Hog Price Sees Slight Gain During Holiday Week Some analysts and the leadership at the Ministry of Agriculture and Rural Affairs (MARA) had expected pig prices to rise with the Labor Day holiday week, which ended yesterday. According to surveys from China’s National Bureau of Statistics (NBS), however, the national average price, which fluctuated a bit over the five-day holiday that began on 29 April, only rose by just RMB .07/kg ($.01/kg) through Wednesday. As the Labor Day celebrations are one of China’s three Golden Week holidays (the others are the Lunar New Year and National Day), market optimists had expected a renewed tourism boom would drive up meat consumption. China’s Tourism Academy recently st...
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.
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...