Livestock Live Pig Price Crosses Rmb 30/Kg Threshold Over the course of the holiday celebrations, China’s hog price jumped to an official all-time record (RMB 30.79/kg; 4.36/kg or RMB 13.97/lb; $1.98/lb.). This translated into an increase of RMB 3.64/kg ($.51/kg) or RMB 1.65/lb. ($.23/lb.) since mid-September. The sharp increase has hit the pocketbook of China’s households in a significant way and is pushing consumers toward other meat, seafood, and even non-meat options for their protein sources. According to recent data from China’s National Bureau of Statistics, consumer spending on pork as a share of food expenditures has been falling since early summer to about 15 percent as of September. Normally, pork...
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.