Capitalism’s Advantage The so-called “squad” of socialists in the American Democratic party ran into a buzzsaw when it comes to Cuba. They blamed the human suffering in Cuba on the 60+ year-old American trade embargo of the communist-run island. Moderate Democrats struck back, vilifying the socialist wing of the Party for ignoring the Cuban government’s own failed policies and particularly its violations of human rights. Now President Biden has sided with the moderates by saying he will increase the sanctions against Havana for its recent clampdown on protests by the Cuban people. Meanwhile, the political right is enjoying both the schadenfreude of Democrats attacking Democrats on Cuban policy, but also a soc...
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.