Activist Math In the latest analytical miss by the activist group Food & Water Watch, “The Economic Cost of Food Monopolies: The Grocery Cartels,” the group found the U.S. food system filled with oligopolies and monopolies. Notably, they mentioned nothing about Americans spending less on food (6.4 percent of income) than any other country. They lament that grocery stores have fallen in number by 30 percent over the past 25 years and claim this has occurred “at the direct expense of…consumer choice.” They do not explain how the industry “funnels wealth into the hands of corporate shareholders and executives” by denying their customers choice. In fact, grocery customer satisfaction was high and...
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.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...