Beef packer margins finally turned positive last week, the first time packers have made money killing cattle since last October. Margins swung dramatically from a -$131/head loss the prior week to a $15/head gain to close out June. The profits came from the sharp rally in beef prices, a $5/cwt...
The USDA’s Grain Stocks and Acreage reports dominated the CBOT’s attention on Monday with the Noon ET release of both datasets driving the day’s action. There were relatively few surprises in the report but minor deviations from expectations helped create support in new crop s...
Un-Trade Agreements It did not take long for Canadian officials to reverse their digital services tax after President Trump threatened to end trade negotiations. Canada is second only to Mexico in terms of trade dependence on the U.S. Many Canadian producers are already hurting from trade sanct...
Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...
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.