In economic-speak, National Trade Council Advisor Peter Navarro is genuinely paranoid. The view he expressed to a group in Washington is analogous to the paranoia a few years ago in Africa about a “land grab” by the Chinese when they invested to improve production there. Ag Japan Mumm One of the outcomes of the Trump-Abe meeting last month was an agreement to “engage in an economic dialogue to discuss these and other issues.” The first dialogue session will be held in April, and a Reuters report indicated that Japan would keep agriculture off the table. It is true that Japan’s agriculture ministry will not be at the meeting, but a diplomatic source said today that there is no decision on whether agriculture will not be a topic for conside...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.