World Perspectives
feed-grains livestock softs

Livestock Roundup

Beef Drought Looking at the cattle section of the table above (Livestock and Poultry Inventories), we see a huge increase in overall cattle receipts. USDA reports that 72 percent of the continental U.S. is now rated abnormally dry or worse compared to just 32 percent last year when the Southwest had a record herd sell-off. We note that only 39 percent of receipts are heifers, down from an average of about 42 percent last year at this time, however, drought-forced sales have pushed volumes higher indicating that a herd rebuilding is postponed until next year. McChicken Plans Last week we reported that consumers are seeking protein on a budget and that the top three restaurant chains were all sandwich shops. In that vein, McDonald's ne...

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feed-grains soy-oilseeds wheat

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Trade Deals Being Worked on With Japan, China, and the EU

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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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