Public Health New COVID-19 Cases and Related Deaths Continue to Rise With shutdowns and movement restrictions in place across major metropolitan areas in China, the Omicron wave is wreaking havoc. New cases for the past month now total just over 1.05 million, while COVID-19 related deaths have risen to 6,078 from 5,622 for the previous 30-day period. The seven-day mortality rate has retreated from 284/day last week to 241/day, while the seven-day average case count is down to 18,376 cases from 27,291 cases from a week ago. This follows a typical trend with the novel coronavirus and its variant offspring, where daily cases peak and daily deaths reach their highpoint before receding as public health measures take effect. Still, the tr...
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.