Livestock Muyuan’s Credit Default Sends Shockwave Through Industry Based on recent reports from the Shanghai Commercial Paper Exchange (SHCPE), more than 30 of Muyuan’s subsidiaries have defaulted on their commercial paper obligations. The SHCPE, which is a national platform for the exchange of corporate issued notes and bonds under the supervision of the People’s Bank of China, indicated the value of the defaults exceeds $2.6 million in U.S. dollars. The share price of Muyuan fell by 10 percent yesterday, reaching the daily limit on Shenzhen Exchange, while other publicly listed domestic hog companies also saw significant price drops in their share prices. Market analysts have had doubts concerning Muyuan’s finan...
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.
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...