World Perspectives

Too Small to Matter

Vending Impact on Food Safety: Food industry research firm Technomics says that the retailer meal solutions (RMS; prepared meals for takeout) category in grocery stores is growing 6-13 percent annually, depending on the venue, and that it is a growing profit center versus the usual low margin rest of the store. Basically, Americans are eating more meals prepared away from home but not necessarily in a restaurant. Since Centers for Disease Control (CDC) data suggests that most foodborne illnesses occur as a result of poor handling practices in the home kitchen or local restaurant, large chain retailers with a strong focus on proper food handling should result in lower foodborne illness. In fact, they could have a larger impact than the Foo...

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Summary of Futures

May 26 Corn closed at $4.4725/bushel, down $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, down $0.1775 from yesterday's close.  May 26 Soybeans closed at $11.62/bushel, up $0.0375 from yesterday's close.  May 26 Soymeal closed at $314.1/short ton, up $2.3...

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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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