World Perspectives
livestock

Livestock Roundup: Cattle on Feed Preview, Higher Placements Expected

USDA will release its Cattle on Feed report tomorrow; analysts’ pre-report estimates peg the total number of cattle on feed as of 1 September at 99.8 percent of October 2022.  

Recall back on 5 October WPI reported,  Recent hot dry weather in key cattle regions is expected to have increased September placements into feed yards; we’ll find out how much of an increase in about three weeks. Tomorrow is the big reveal but note in the chart below the range of estimates for placements – from 95.9 to 104.8 percent of last year. September placements are typically higher than August, which were 2 million head. The consensus expectation was 101.6 percent of last September which would come in at 2.11 million head,...

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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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