Cattle on Feed It will be no surprise to WPI readers that the industry is expecting a bullish Cattle on Feed report this Friday. Supplies are expected to decline once again from year-ago levels. WPI’s models look for a 1.4 percent reduction in on-feed inventories as of 1 July, which is slightly above the average pre-report estimate from the Dow Jones’ survey. The reason for our forecast being above the average guess is that our placement models suggest a 2.4 percent increase in June placements, whereas the Dow Jones’ survey’s highest estimate was 100 percent of last year. WPI readers will recall that there are few data sets from which to draw predictions about feeder cattle placements and they are essentially...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.