World Perspectives
livestock

Livestock Round Up: WASDE Protein Production and China Demand

USDA held total red meat and poultry production steady in today’s WASDE. Broiler production was reduced 0.33 percent from last month based on hatchery data and the rate of production, but that was offset by a light increase in beef, particularly from non-fed slaughter as beef cows are being culled (though dairy cow slaughter is down) and a 0.55 percent increase in pork production. As the table at the end of this report shows, slaughter weights are up to 294 pounds and slaughter last week was 2.789 million head. That’s the highest volume since 21 March which was 2.8 million, and in the top five volume weeks historically.  Since COVID, the forecast for annual production is down 3.3 percent for broilers, 2.2 percent for pork,...

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livestock

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Market Commentary: Yield, Acreage Increases Sink Corn, Soybeans

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livestock

WASDE Livestock

USDA’s World Agriculture Supply and Demand Estimates (WASDE) report was released yesterday, the first of the year. Beef production is still down compared to 2024, but projections were raised for 2026. Beef production was raised as heavier slaughter weights more than offset the reduction i...

feed-grains soy-oilseeds wheat

Market Commentary: Yield, Acreage Increases Sink Corn, Soybeans

The CBOT came under heavy selling pressure following the January WASDE as USDA unexpectedly increased U.S. corn acreage and yields. The USDA also added area to the soybean harvested and made a bearish cut to U.S. wheat demand, moves which sent all of the major commodity futures markets sharply...

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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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