Yesterday was the deadline for Canadian grocery retailers to submit a “comprehensive plan” to the federal government on how to reduce grocery prices. In September, Prime Minister Justin Trudeau gave the industry an ultimatum to “stabilize” food prices. In a speech in Ontario, the PM said: In recent years, large grocers have been making more money, all while the cost of groceries has risen drastically and families are struggling to put food on their tables. We are also looking at all tools at our disposal, and we are not ruling out the use of tax measures, in order to restore the grocery price stability that Canadians expect. The CEOs of the top five retailers were called to Ottawa to testify before Par...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.