World Perspectives
livestock

Hogs and Pigs Report: Status Quo Numbers

USDA released its first quarterly Hogs and Pigs report for the year today. At 72.86 million head, the total inventory as of 1 March was slightly above last year’s 72.69 million head.  The report was generally in line with pre-report expectations, except there were a few more market ready hogs than expected, a slightly bearish situation. But looking forward, farrowings for the first two quarters of this year were below the consensus forecasts, a bullish situation. Hog prices started to slide in mid-March, which could affect actual farrowings versus the reported intentions.   Every report last year showed most categories down from 2021; this report which shows a steady course of status-quo was a bit of a turn-around...

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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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