Livestock Senior Ag Ministry Official Warns of Sustained Low Hog Prices In a recent interview, the Deputy Director of MARA’s Animal Husbandry and Veterinary Bureau said the excess supply of live hogs is here to stay for the time being. The agency head, Mr. Xin, said due to the robust growth in newborn piglets over the past summer and despite the recent price runup in the cash market, domestic live hog output is projected to outstrip demand through the second quarter of next year. In June, piglet output was up 39 percent year-on-year to about 64 million head, while in July and August, piglet production saw annualized increases of 33 percent and 31.1 percent to 56 million head and 54 million head, respectively. This means that despit...
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.