World Perspectives
wheat

No Global Food Crisis

The so-called global food crisis is first and foremost driven by the wheat market, where production has been under stress in major countries like Pakistan, India, Iraq and Morocco. Plus, the removal of Ukraine’s supply from the global market. Yet Russia’s production keeps edging upward, and the global stocks to use ratio was much lower prior to 2015/16. Still, leaders and reporters continue to refer to it as a crisis. The IGC makes note that the wheat market is “sensitive to the news” and keeping up the flow of crisis news is the UN, which now warns of danger if Russia reduces exports. There is no global food crisis, certainly not for rich countries, though it does impose hardship on poorer nations where food absorb...

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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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