Building Hunger The Global Network Against Food Crises says global hunger rose for a fourth straight year, jumping by a third to about a quarter of a billion in 2022. Granted, the causes were the usual – conflict, economic crises, and trade disruptions. Plus, the UN says global food prices rose in April for the first time in a year. But there is plenty of effort to worsen the problem. Hurdles to GMO’s, banning pesticides, restricting fertilizer use, and now limiting the expansion in planted area. Others think self-sufficiency is the answer even though arable land is not equally distributed based on population. Let alone Mother Nature’s wildcard called weather and dramatic events like El Niño. All the various propon...
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: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...