World Perspectives
livestock

Labor Situation and Livestock

Tomorrow, USDA releases its monthly WASDE report. Last month’s report projected red meat and poultry production in 2021 to be 100.7 percent of 2020. Beef was projected to be 101.8 percent and broilers 100.5 percent, with a slight reduction in pork at 99.9 percent from its record in 2020. Slaughter and meat production are well above last year’s levels, but that is because last year at this time it was the height of the packing plant disruptions; heavier weights later in the year helped bring production back to normal. But with high feed costs, there’s not much incentive for heavier slaughter weights.  Much of the outlook will come down to pace of slaughter; implicit in that projection is the impact of labor. Indeed, t...

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livestock

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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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