Livestock China’s Number Three Hog Producer Reports Strong Sow Recovery China’s third largest live hog producer, Zhengbang Technology Company Limited, reported that its sow inventory is on track to reach 1.4 million head by the end of 2020. The company’s outlook for 2021 is even more bullish with a year-end target of 3.5 million head. Zhengbang expects that this build out of its sow heard will enable it to achieve an annual live hog output of 100 million head within the next three years. China’s Live Hog Price Trends Upward Entering December Due to a number of imported meat and meat products found to have been contaminated with the COVID-19 virus, China has essentially blocked imports from some suppliers. The gov...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.