The January WASDE, released this week, included the updated year-end 2014 estimates showing red meat production up from the December report and supported several other estimates. WASDE We noted in last week's report that U.S. pork production is expected to be 5 percent higher in the second quarter, based largely on the 4 percent larger pig crop last fall and 1 percent higher marketing weights. Pork production in the last half of 2015 is expected to be 5-7 percent higher, driven by 3-4 percent larger farrowings this winter and spring, higher weaning rates and small increases in market weights. This week's WASDE report confirms these estimates as shown below:Indeed, the report included the updated year-end 2014 estimates showing red meat pr...
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: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...