World Perspectives
livestock farm-inputs

Precious and Wasteful

Wasteful Figures The UK is challenging a European Commission goal of halving food waste by 2020, which is claimed to be 89 million tons annually. Part of the British query is why this is a significant issue. A WPI curiosity is why the European waste number is so much larger than the estimate for their American counterparts. The latest U.S. estimate is 1.8 million tons wasted in processing and retail (excluding waste in home kitchens). Moreover, U.S. industry says that 73 percent of its waste goes to animal feed and 20 percent to fertilizer use. In the end, it is all about economics. There is less waste where food is precious and consequently costs take a larger share of income. That is hardly a desirable policy solution. Precious Meat...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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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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