Economic Slowdown Curbs China's Meat Consumption China's economic growth has shown signs of slowing down, falling from 8.1 percent (Q1) to 7.6 percent (Q2) and 7.1 percent (Q3) this year. It is estimated that China's GDP growth will be at 7.8 percent this year compared to 9.2 percent in 2011. The nation's catering industry is affected by the slower growth and catering revenue has also seen slower growth or even decreases in the past three quarters. In some cities, catering revenue declined as much as 15-20 percent, thus curbing domestic meat consumption as a result. The Chinese government recently claimed that China's national livestock and meat consumption declined in the first 10 months of the year. The national meat consumption index...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.