Brazil saw President Dilma Rousseff win a narrow victory over challenger Senator Aecio Neves, while Uruguay is headed to a runoff on 30 November in an election filled with much history and political intrigue.Elections were held yesterday in both Brazil, which elected a president, and Uruguay where a runoff is scheduled for 30 November. In Brazil, President Dilma Rousseff won a narrow victory over challenger Senator Aecio Neves. It was the tightest race since 1945. Rousseff garnered 51.6 percent of the vote after failing to win an outright majority during the open multi-candidate election on 5 October. She defeated Neves, who had a strong showing to come from third place in polls prior to the 5 October election to beat out the other candidat...
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.