Anti-vaxxers Come to Ag The Green Revolution created modern agriculture, which has been called a mechanism for turning fossil fuels (inputs) into food. In a matter of just a couple of decades, fertilizer, pesticides, and genetics enabled staple crop yields to triple. Now Europe is trying to strip out those inputs and U.S. Senator Cory Booker (D-New Jersey) and three progressive colleagues have introduced legislation to ban over 100 pesticides used in agriculture. These politicians do not trust U.S. EPA scientists to make regulatory judgements on chemicals and instead are listening to anti-pesticide activists. The situation is very similar to those now refusing to take COVID vaccines. There is scientific consensus that both pesticide...
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.