Livestock Live Hog Price Reverses Course, Falls by More Than 4 Percent After beginning the month of March with a solid gain of more than two percent, the national average live hog price slumped by 4.3 percent last week. That translated into a week-on-week decline of RMB 1.26/kg ($.15/kg) or RMB .57/lb. ($.23/lb.). Despite modest declines in the price of soymeal and corn, lower wholesale prices for live hogs resulted in the average profit per head dipping by RMB 160/head ($24.62/head) or 9.1 percent. While the cash market was down last week, futures prices for the September and November contracts headed in the opposite direction. The September 2021 contract closed at RMB 28,750/MT ($4,423.08/MT), up RMB 465/MT ($71.54/MT) from the previous...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
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.