Bleak Harvest Ahead The world grain market may be headed into a bear trend due to burgeoning supplies, but a review of the policy seeds that have been sown indicates troubled harvests ahead. Argentina's Legacy of Failed Policies Argentina was one of the world's wealthiest countries at the beginning of the 20th century. However, it found itself only ranked 50th in 2013, and its economy continues to decline as a result of bad economic and agricultural policies that are likely to continue in the future. Biofuels Policy Headed for Reform The situation surrounding the 2014 Required Volume Obligations (RVOs) for biofuel was the predictable result of the original Energy Independence and Security Act (EISA) of 2007 that created both the volume...
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.