World Perspectives
livestock

Cattle Supply Continuing to Contract in Line with Expectations

USDA’s semi-annual Cattle Inventory report was released this afternoon. All cattle and calves in the United States on 1 July totaled 101 million head, 99 percent of July 2020 – in line with pre-report expectations. Of that inventory, all cows and heifers that have calved totaled 40.9 million. At 4.3 million head, beef replacement heifers were 98 percent of last year which was lower than the expectation of 99 percent – and moved the opposite of dairy replacement heifers which were 103 percent of last year. The calf crop in 2021 is estimated to be 35.1 million head, based on 25.8 million head born in the first half of the year and an estimated 9.3 million to be born in the second half of the year. That is down slightly f...

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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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