Counter-intuitive Short-sellers are disliked by most, including corporate executives, politicians and regulators. Yet, research data shows that they contribute to market confidence and thus liquidity. For years, wider, straighter roads with traffic signals believed to make urban driving safer, yet the result has been the opposite and cities are now narrowing streets and using stop signs or no signage at all. Populists have been selling a vision of agriculture that is small, local and “nature-based,” though the evidence shows that food can be better produced, and nature preserved by using precision agriculture. Policymakers should follow the evidence and not the emotion. Food Trade Rebound The WTO is forecasting a declin...
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.
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...