Downturn in China's Feed Sales China's feed sales were lower in the first half of July compared to the same period in June. Hog feed consumption is down by 3 percent and poultry feed is down by 5-10 percent. It is projected that weak feed sales will continue for all of July and may possibly extend into August for several reasons. Meat consumption is traditionally low in the summer and restocking remains flat for hog and poultry. Some estimations also indicate that China's poultry inventory declined by 24 percent from April-June compared to the same period last year due to the early March H7N9 outbreak. Broiler replenishment fell by an even steeper 32 percent. However, the Chinese government has continuously allocated funds to boost the...
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.