Livestock Live Hog Prices Weaken Further, Piglet Prices Surge Higher The national average live hog price continued to soften last week, shedding RMB .06/kg ($.004/lb.) or .4 percent. Even with feed prices continuing to fall, the operating loss per live hog worsened by RMB 6/head ($.88/head) or 2.9 percent. Interestingly, the lower cash price for corn actually resulted in the corn-hog ratio improving to 5.30. In contrast to the trend in live hog prices, piglet prices continue to remain strong. The latest survey from the Ministry of Agriculture and Rural Affairs (MARA) showed the national average piglet price fell to RMB 38.04/kg ($2.52/lb.) or RMB 570.60/head ($83.42/head) for a 15-kg piglet last week. While that is down from a peak at the...
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.