Though way behind schedule, agriculture’s top regulatory priority is one step closer to being completed, and will likely be so by early next year, but will that end the problems?On Inauguration Day, President Trump posted his top six priorities on the White House website; included was repeal of the Obama Administration’s Waters of the United States (WOTUS) rule issued under the Clean Water Act, which he pledged to do in the first 100 days of his administration. This was hailed by the ag community who had made the repeal of that regulation its top priority. According to the American Farm Bureau Federation, the rule’s overreach allowing federal regulation on farm land could have reduced farm property values by 40 percent or more.Keeping to hi...
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.