World Perspectives
livestock

Livestock Round Up

Smaller Cattle Herd   Tomorrow the USDA will release its twice-per-year Cattle Inventory report – issued in January and July. Last year’s initial report was about a month late due to the government shutdown but showed that all cattle and calves in the U.S. as of 1 January 2019 totaled 94.8 million head, slightly above the 94.3 million head on 1 January 2018.   Tomorrow’s report will almost certainly show a reduction in the cattle herd, which has been expanding since 2014. High feed prices from 2007 - 2013 lead to herd reduction and the 1 January 2014 report was the lowest point for the beginning of the year cattle inventory since 1951. Our estimate is that the inventory will be close to the 2017 level...

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WPI Crop Progress and Conditions App (Updated 28 April)

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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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