World Perspectives
livestock

Hog Herd up 4 Percent; Pork Demand Unpredictable

USDA released the quarterly Hogs and Pigs report yesterday. Some topline highlights:  Total swine inventory on 1 March was 77.6 million head, 104 percent of March 2019, but 99 percent of 1 December 2019.

Market hogs were above pre-report expectations

Breeding herd was below pre-report expectations

Total sow slaughter was up – a significant factor likely was sows from Canada

Farrowing intentions for March-May were down slightly from actual farrowings for the same quarter in 2019

June-August farrowing intentions are 96 percent of actual 2019 farrowings for the quarter

Production efficiency, however, continues to increase with pigs saved per litter setting new records almost every quarter. Pigs saved p...

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WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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.

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