Dishonorable Food Eddy Wax in Politico points out that Western agribusiness companies continue to operate in Russia despite the war on Ukraine. Ukrainian President Volodymyr Zelenskyy characterizes the agribusiness companies continuing to supply Russia as “flooded with our blood.” Basically, Ukrainian farmers lose, Russian farmers win. The companies rationalize that they are on a “humanitarian mission” to prevent hunger even though Russia herself operates without such humanitarian concerns. There could be longer-term reputational harm to agribusinesses still operating in Russia, especially in recruitment. Former trader turned author Jonathan Kingsman interviewed companies and quotes one saying, “Young people t...
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.