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: 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...
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.