Livestock Dalian Commodity Exchange to Launch Hog Futures in January After years of discussion, the long awaited unveiling of a new live hog futures contract on China’s Dalian Commodity Exchange (DCE) is scheduled for 8 January 2021. Dalian began studying the issue and preparing submissions for approval to the country’s Securities Regulatory Commission (CSRC) a couple of years ago. However, it was not until 24 April of this year that the CSRC formally approved the new futures contract. Given the importance of pork to the country’s diet and the large volume of production, the anticipation of the launch and the contract’s potential impact on the industry has drawn significant attention as to how this new price...
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.