Argentina Election Impacts Argentines went to the voting booths for a general election yesterday (27 October) that was deemed fateful for agriculture. As the public opinion polls predicted, Alberto Fernández and Cristina Fernández de Kirchner won and will become President and Vice President as of 10 December. However, Mauricio Macri did better than expected by capturing 40 percent of the vote and the Congress will be split, making compromises a necessity. Read here what WPI’s Mercosur analysts describe as the likely impacts of the election on the country’s very important agricultural sector. Technological Sovereignty Agriculture has traditionally been treated with lighter gloves when it comes to government...
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.