World Perspectives
livestock

Red Meat and Broiler Trade

October meat and livestock trade data was released on Friday. Beef exports are down 2.6 percent at 2.5 billion pounds, following lower U.S. beef production (down 0.4 percent) and higher prices. October exports to Canada fell 23.7 percent. Exports to Japan were flat year to date at 543 million pounds, while exports to Mexico increased 9.8 percent to 284 million pounds. However, exports to China were up 20. January through October year-to-date exports to China are down 8 percent, and exports to Korea, (-8.8 percent) and Canada (-7.2 percent) are down on the year. On the import side, with low cow slaughter in both beef and dairy so far this year, imports of lean trim remain high to fulfill the need for beef for grinding. Year-to-date beef...

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Market Commentary: Trade Deals, Emerging Dryness Spark CBOT Short Covering

Traders seemed content to take short risk off the table heading into the weekend with USDA’s June Acreage and Grain Stocks reports due out Monday. Funds in particular are comfortable with positions ahead of these reports and saw little reason to push markets further into oversold territor...

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feed-grains soy-oilseeds wheat

Market Commentary: Trade Deals, Emerging Dryness Spark CBOT Short Covering

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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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