Pork prices have been volatile but that has not prevented U.S. pork exports from rising. In fact, there is a slight negative correlation (-.28) between front-month futures and monthly pork exports. Moreover, pork exports increased in 2022 despite a rise in global ending stocks. Instead, U.S pork exports have benefited from a softening in competition from Canada and the EU. This has occurred despite exporters bearing the burden of a strong dollar. Although Canada’s pricing has been cheaper, EU prices have been running higher. U.S. pork futures fell 5.17 percent last week, and one week earlier pork exports hit a marketing year high. ...
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.