Wheat from the Chaff An agricultural meeting in Arkansas last week drew 400 to 500 farmers, a much larger group than expected at harvest time. They vented their angst over low commodity prices, high input costs, and consequently low profitability. One estimate from bankers is that farm bankruptcies could reach 25 to 40 percent. There were the usual boogeymen, the input suppliers and origination companies that are called monopolies. One farm leader is quoted saying, “Seed, chemicals or fertilizer, it’s all in the hands of a few companies that are the only game in town. You want to fix farming? Start a federal investigation on those big companies.” Agribusiness middlemen are typically the target of criticism, and from both s...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...