In response to the coronavirus, governments around the world increased trade barriers and made policy pledges for greater self-sufficiency. Typically, livestock products are the easiest to block since they are more biologically active, containing or attracting a broader number of organisms that compromise their importation upon inspection. Rabobank characterized animal protein trade in 2020 as full of uncertainties. There may have been uncertainties but there were also false impressions. While the expansion in beef and chicken trade slowed in 2020 from a year earlier, pork exports more than doubled thanks to China. Instead of shrinking, the overall increase in meat and poultry trade for 2020 exceeded the previous year’s rate of growth...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.