Dead Pigs Found in Shanghai River Earlier this month dead pigs were found floating through China's commercial hub, Shanghai. As of 20 March, local authorities have pulled 13,000 dead pigs out of the Huangpu River, which supplies 22 percent of city's drinking water. Shanghai has blamed farmers in neighboring Zhejiang province for dumping disease blighted pigs into the river upstream. Samples from the carcasses have tested positive for porcine circovirus, a common swine disease that does not affect humans. The incident has angered the public and raised concerns about the safety of Shanghai's water supply even though the city government claimed that the water's quality has not been affected.The scandal has cast a spotlight upon China's ongo...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.