Europe Farm Policy A study by Chatham House, a subsidiary of the Royal Institute of International Affairs in London, calls for a post-Brexit, market-oriented farm policy in the UK. Titled “The Implications of Brexit for UK, EU and Global Agricultural Reform in the Next Decade,” it lays out four scenarios: 1) the protectionist model, 2) the decoupled subsidy, 3) the income insurance method, and 4) the market-oriented model. The authors argue that the latter offers the best opportunity for the future of British agriculture. Meanwhile, Eastern European countries have come to view ethanol in the same way that Iowa does. The four countries of the Visegrád Group oppose the proposal by Brussels to reduce the EU’s bioetha...
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.