Immoderate Nutrition In 2010 the Obama administration sought to make the school lunch program comport with the government’s own nutrition guidelines – less fat, sugar and salt but more fresh fruits, vegetables and whole grains. School systems reacted by complaining the rules were inflexible and expensive. Now school food program directors and the food industry are cheering the Trump administration for easing the rules a bit, but opponents accuse the government of threatening the health of children. Some school districts are running in the opposite direction, embracing an even less flexible and more expensive initiative, loftily called the Good Food Purchasing Program. Some of the goals are laudable, but the metrics involve the...
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.
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...