World Perspectives

Cold, Hungry Winter

Europe is facing an energy crisis this coming winter and the food situation could be bad as well. This summer’s drought, reduced corn and sunflower oil imports from Ukraine, and the fact that energy prices are tied to food could make for an equally bad situation. This is exacerbated by the fact that caloric consumption increases in winter by around 86 kilocalories/day, depending on activity and the amount of shivering to keep warm.  An active life in a cold winter increases caloric needs by about 3.4 percent. Meanwhile, the average age of Europeans has been increasing with a fifth of the population now over 65 years of age. That has reduced overall average caloric intake by 0.05 percent.  ...

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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.

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