Public Health Rising COVID-19 Related Death Toll Dampens New Year’s Outlook Although official figures appear to understate the reality of COVID on the ground in a big way, media coverage and social media posts tell another story. Per Bloomberg news, as well as the day-to-day experiences of this column’s co-author, funeral homes in major cities have been overwhelmed since mid-December. Families have been given roughly 5 to 10 minutes to mourn their deceased loved ones, while some people are reportedly selling their places in line as queues at some facilities have become quite lengthy. Meanwhile, according to Johns Hopkins Coronavirus Resource Center, through the end of December the trailing seven-day average for ne...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.