World Perspectives
livestock

Livestock Roundup: ASF and Turkey; Hog Expansion Not Slowing

ASF and Turkey Turkey prices have been in a relative tailspin for two years. Wholesale hen prices started dropping in mid-2017 from about $1/pound and reached below $0.80/pound by December 2018. Prices have firmed in the past few months, largely due to exports, and a good portion of those sales has been the result of Mexico’s hedging against the African swine fever (ASF) impact on pork prices. Turkey can be used as a substitute for pork in processed products. Total U.S. turkey exports in April were 108 percent of April 2018, which marked the first year-over-year growth since October 2018. In May, exports were 121.5 percent of May 2018. Mexico bought 16,000 MT that month, a year-over-year increase of 117 percent. However, other cou...

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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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