Legacy Support There are about 15 staple crops from which most calories are derived, and yet public financial support is centered around a relatively small number of these crops. Part of the reason for this is legacy from a period when the food supply was less certain and so governments subsidized the crops from which citizens received the most calories. While crops like potatoes play an important role, a very high percentage of food energy consumed comes from rice, corn, and wheat. It is safe to say that consumers in rich countries today can afford to pay the full cost of basic calories, and a reasonable question is why more money is not spent on the foods that are under-consumed based on nutrition guidelines, such as fruits and vegetable...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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.