Hitting the downside of the cattle cycle and having a higher value product based on a strong U.S. dollar has certainly reduced, but the trade has held up relatively well over the past year. U.S. beef imports have trended higher, with an especially large boost from Brazil back in January. But North America (Canada and Mexico) and Oceania (Australia and New Zealand) remain the main suppliers. U.S. beef exports still surpass beef imports by more than a third. Japan, South Korea and China remain the major buyers of U.S. beef. Canada dominates as a supplier of pork to the U.S. market, with Mexico the overwhelming favorite for U.S. pork exports. Due to the short supply of animals, the U.S. has been a large sucking sound, but it is s...
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.