In just two years, African Swine Fever is likely to have reduced Chinese pork production by more than a third. However, Oklahoma State University economist Derrell Peel correctly notes that the disease will likely impact the global livestock market for many years to come. A possible proxy for the situation is the impact of Mad Cow disease in Europe during the 1990’s. EU beef production peaked in 1991 at 11.8 million tons. But after more than a decade of battling the disease, European beef production had fallen by 30 percent and it has never recovered from this lower production level. Constrained by lower production and import quotas, EU beef consumption remains nearly 35 percent lower than at its peak. Instead, pork consumption...
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.