World Perspectives

Livestock Roundup: Cattle Contract Library

Yesterday, USDA released the regulation for the Cattle Contract Library pilot program, a provision that was included in the 2022 appropriations bill which Congress passed in March.  That legislation directed USDA to create a cattle contract library similar to the swine contract library established in 2003.   Under the library, USDA will collect and report contract terms - not entire contracts. The contract provisions to be collected, and therefore submitted by packers, include: Whether the contract is written or oral Start and end dates Base price source (livestock reporting prices, negotiated price, futures, beef cutout, etc.) Selling basis (live, carcass) Delivery terms Premiums and discounts Carcass and cattle at...

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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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