China’s announcement last week that it would not add punitive tariffs on imports of pork from the U.S. was largely a necessary self-restraint. With nearly one third of the domestic herd culled and prices 40 percent higher, China has increased its pork import purchases. Key suppliers are the EU, Canada and Brazil but according to some estimates, China’s pork imports will need to double from 1.1 MMT in 2018 to 4.2 MMT in 2020. The EU, Brazil and other countries can increase production, but the U.S. and Canada are the only countries with readily available surplus stocks of pig meat. The U.S. has 245,000 tons of readily available surplus pork and has the lowest cost of production. Not to say that Beijing couldn’t pay premium...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
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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.