Since COVID and the bottlenecks it created in livestock slaughter, populism has been the hallmark of agriculture policy debates on Capitol Hill, especially livestock, and even more so the cattle market. With the beginning of the 2023 farm bill process, that hasn’t slowed, even though the cattle cycle and the economics of the livestock and meat sectors have shifted dramatically. There have been four straight years of cattle herd liquidation, and with drought the highest cow slaughter ever, the highest heifer slaughter in two decades, and a bow wave of record beef production (2022 was the fourth consecutive record). And that demand resulted in high cattle prices. Cattle prices will remain high based on tight supplies. The culling...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
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.