It is hard to complain after pondering the conditions in North Korea where it is reported that Supreme Leader Kim Jong Un has ordered up some reforms in agriculture. He is even going to try a little capitalism. Plant Rice and/or Die It is hard to complain after pondering the conditions in North Korea. The Nikkei is reporting that Supreme Leader Kim Jong Un has ordered up some reforms in agriculture. Apparently tired of the nation's persistent food shortage, Kim announced that "All resources should be concentrated on agriculture." He is even going to try a little capitalism. Farmers evidently will be allowed to keep some of their own harvest as an incentive to improve total production.Reporter Masanori Yamakuchi notes that the country's fe...
What You Need to Know Today: Oil prices surged today following reports of tanker attacks off the coast of Saudi Arabia by Houthi rebels and renewed U.S. threats to escalate military strikes against Iran, heightening concerns over potential disruptions to Middle East energy supplies. Brent crud...
Key Takeaways: The latest UN data shows solid progress reducing global hunger and food insecurity. The geography of hunger-affected people has shifted substantially, however, and Africa is now the most affected region. To understand why hunger patterns have shifted and what policy option...
USDA’s monthly cattle on feed report for 1 July will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 102.2 percent of last year. Those estimates imply an on-feed inventory of 11.327 million head. If accurate, that would be the...
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.