Get What You Beget It started with geographic indicators, then it moved on to country of origin labeling even for products made within the EU’s “single” market, next came calls for food sovereignty, though that is aimed at stopping food imports from third country suppliers. Now the Czech’s have taken food nationalism to its logical conclusion – local food consumption mandates. The lower house of the Czech Parliament approved legislation mandating that 55 percent of the food sold in larger grocery stores must be of Czech origin. That number grows to 73 percent in 2028. The legislation one-ups the Canadian approach of making foreign wine simply too difficult to find in a store, let alone be affordable. The Czech...
Beef packer margins deteriorated to -$218/head last week, down $20 from the prior week as a softer Choice cutout combined with slightly lower fed cattle prices. The cutout slipped to $391/cwt while fed cattle prices eased to $256/cwt, leaving packer profits under pressure. Margins remain deeply...
What You Need to Know Today: The U.S. and Iran agreed to a peace deal on Monday with the deal expected to be signed Friday in Switzerland. The memorandum signed is explicit that Iran will allow 60 days of toll-free transit for all traffic through the Strait of Hormuz, and President Trump annou...
The U.S. and Iran announced a framework peace deal. Crude oil futures dropped to $83.08, the lowest since early March. The breakthrough comes as President Trump said that if Iran failed to reach a deal, he would order renewed military attacks. An LNG tanker chartered by India’s Petronet c...
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.