Macroeconomics November Food Inflation Hits Highest Level Since May 2008 Food prices for this past November surged by 19.1 percent compared with November 2018. Since last February, monthly food inflation has now risen for nine straight months and has surpassed double digits from August onward. The big story or driver has been pork. Retail prices, which are what is factored into China’s Bureau of National Statistics calculations, jumped 110.2 percent in November compared with 101.3 percent in October. Other food items that experienced price upticks included edible oil, which was up 5 percent in November, driven by higher soybean oil prices. Similarly, prices for fresh vegetables were up 3.9 percent, while egg prices were up 10.1 perc...
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.