World Perspectives

Livestock Round Up: SCOTUS Upholds Prop 12

In a decision released today, the Supreme Court of the United States (SCOTUS) upheld California’s Proposition 12 which imposed minimum space requirements for livestock and poultry production. For pork, the requirement was that meat will be required to come from animals farrowed from sows who had a minimum of 24 square feet in pens and the ability to “turn around freely.” Prop 12 was passed as a referendum in 2018 and has been subject to delays in regulatory implementation on California’s end, plus several legal challenges – all unsuccessful to date. SCOTUS heard the challenge brought by the National Pork Producers’ Council (NPPC) and the American Farm Bureau Federation (AFBF). In addition to the regulati...

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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.

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