Love, Food and Deception More rants on the lies that are told about the agrifood system, and those who seek to deceive us. A Wheat Market Surplus The era of government-controlled wheat exports by major exporters is gone, and if we may say so, with good riddance. The evolution of the world wheat market and the disengagement of governments has meant, among other things, that a geographically dispersed private sector marketing chain extending from wheat growers to wheat users must shoulder all of the risks involved -- including, most importantly, price risk. The Continuing Evolution of Agricultural Protectionism As long as there has been international agricultural trade, countries have used some form of protectionism to safeguard their pr...
What You Need to Know Today: The U.S. and Iran exchanged strikes, with the U.S. hitting Iranian bridges, energy sites, and military infrastructure. Iran launched a missile into Kuwait that damaged a desalination plant. Crude oil futures surged on heightened Middle East tensions, providing supp...
Key Takeaways: The EU heatwaves have coincided with key maize crop reproductive timing and featured high nighttime temperatures, a cruel two-sided blow to maize yields. France, much of western Europe, and Hungary have suffered the worst of the heat, with yield potential collapsing. WPI&r...
Congress returned this week from its Fourth of July recess, with another break scheduled for the month of August, to face a busy agenda before adjourning for the August recess. Congress has several priorities, including the National Defense Authorization Act, a potential third reconciliation pa...
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.