Energy and Food Lessons Energy and food prices are spiking at the same time policy reform advocates are seeking wholesale changes in the production of both resources. Already policymakers in Europe are having to consider using more natural gas and nuclear energy than originally envisioned in their march to carbon neutral. The FAO issued notice today that its food price barometer is up 27.3 percent this year and is the highest since June of 2011. With food prices expected to stay high in 2022, this could also force a slow-walk on the path to greater sustainability in food production as well. Implications of Ukraine Russia has staged more than 100,000 troops plus equipment on the border with Ukraine and threatens to invade if NATO ma...
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.