Noted China agriculture analyst Fred Gale observes that Beijing’s latest policy for the sector is to renationalize food and seek world domination, which is evidenced by its actions. China Controls World Food The Paulson Institute, which focuses on U.S. - China relations, has a new paper identifying farmer lack of access to capital via credit as the largest inhibition to modernizing the agricultural sector and recommending that Beijing allow producers to take out mortgages on the land they farm. However, China is currently in a crack down on credit. Moreover, noted China agriculture analyst Fred Gale observes that Beijing’s latest policy for the sector is to renationalize food and seek world domination. By rebuilding the power of cooperati...
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.