Extreme Weather Impact The polar vortex and extreme cold conditions have settled across much of the livestock, poultry and dairy producing regions of the U.S. Yesterday some packers closed and/or cancelled production shifts due to the weather and risk to both livestock and workers. The current cold is extending problems for the cattle supply. Ironically, feeders were hoping for a freeze to firm up muddy feed yards in the Plains. Warm, wet conditions and muddy pens were taking a toll on cattle. However, the sub-zero temperatures won’t help and instead just add new problems. Some feeders had slowed buying due to the conditions and aren’t likely to resume while they continue. Average daily gains will drop as feed consumption incr...
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.