World Perspectives
livestock

Livestock Round Up: Cattle on Feed and Hogs and Pigs Preview

Tomorrow, USDA will release two important reports: the monthly Cattle on Feed Report and the quarterly Hogs and Pigs Inventory.   Analysts’ pre-report estimates peg the total number of cattle on feed as of 1 September at 98 percent of a year ago. The range of estimates was between 97.2 and 98.7 percent. The implied inventory of cattle on feed would be 11.2 million head. WPI’s own estimate is lighter at 11.06 million head, or 97 percent of last year.  The 1 September inventory in 2020 was the largest on record given the COVID backlog of slaughter capacity earlier in the year. Seasonally, September is the low point for cattle on feed inventories; the number of cattle in feed yards starts to increase in Q4, with...

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feed-grains

WASDE Corn - Jan 2026

USDA’s Jan estimate for 2025/26 U.S. corn is for larger production and higher feed residual usage to result in greater ending stocks: Corn production is estimated at 17.0 billion bushels, up 269 million on a 0.5-bushel increase in yield to 186.5 bushels per acre and a 1.3-million acre ris...

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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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