World Perspectives
livestock

Meat Trade Holds Up

Hitting the downside of the cattle cycle and having a higher value product based on a strong U.S. dollar has certainly reduced, but the trade has held up relatively well over the past year. U.S. beef imports have trended higher, with an especially large boost from Brazil back in January. But North America (Canada and Mexico) and Oceania (Australia and New Zealand) remain the main suppliers.  U.S. beef exports still surpass beef imports by more than a third. Japan, South Korea and China remain the major buyers of U.S. beef. Canada dominates as a supplier of pork to the U.S. market, with Mexico the overwhelming favorite for U.S. pork exports.  Due to the short supply of animals, the U.S. has been a large sucking sound, but it is s...

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Input Costs Forecast to Rise, Led by Fertilizer

After rising sharply in 2022, input costs remain stubbornly high yet today. At the same time, the prices received for major crops like corn, soybeans and wheat have fallen by as much as 30 percent over the same period.   In response to these economic headwinds, Congress stepped up thr...

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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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