Meat and Poultry Production Up 5 Percent China's National Bureau of Statistics (NBS) recently announced that the country's pork, beef, mutton and poultry production reached 57.28 MMT for the first three quarters of 2012, a 5 percent increase year-on-year. Of the total meat output, 37.54 MMT are pork, up 5.2 percent year-on-year. According to the China Meat Association, ongoing consolidation in the meat sector and continual growth in meat consumption drive up the production.Over the past 20 years, China's per capita pork consumption has grown at an average rate of 3.4 percent per year, while per capita demand for chicken has risen by more than 8 percent annually. Growing meat demand in China is driving consolidation in the meat industry.Ind...
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.