Livestock Falling Pig Prices Push Government to Consider Interventions The national average live pig price fell below RMB 15/kg ($2.35/kg) or RMB 6.80/lb. ($1.06/lb.) last week, its lowest level since the end of February 2019. With a week-on-week decline of 8.5 percent that translated into a decrease of RMB 1.38/kg ($.22/kg) or RMB .63/lb. ($.10/lb.). The average profit per live pig plummeted by 73 percent or RMB 84/head ($13.15/head), the smallest margin since early March 2019. Data from China’s National Bureau of Statistics indicates the average live hog price has fallen 11.2 percent during the first two weeks of June. Data from Boyar suggests the average live hog price has dropped by as much as 15.2 percent during the first half...
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.