World Perspectives

BRICS Grain Exchange; Transatlantic Gaslighting

BRICS Grain ExchangeVladmir Putin used his BRICS conference in Kazan, Russia to formally suggest the creation of a grain exchange by the bloc of countries. He said such an exchange could later be expanded to other products and that it would " contribute to the formation of fair and predictable price indicators for products and raw materials, considering its special role in ensuring food security.” And he said, "The implementation of this initiative will help protect national markets from negative external interference, speculation, and attempts to create an artificial food shortage." It is hard to unpack all the suggested harms of the current grain trading system, but it seems unlikely that an OPEC-style grain consortium would accompli...

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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.

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