World Perspectives

Food is First Victim; Energy Confusion

Food is First Victim Food comprises just 6 percent of all U.S. exports, but it is the first to receive retaliation in trade disputes. The latest example is Israel’s war with Hamas, though it is American food brands that are taking it on the chin. KFC has had to close 100 outlets in Malaysia due to a consumer boycott over the war. Boycotts have also hit McDonalds and Starbucks in both Malaysia and Indonesia. Note that these retailers are typically owned and operated as franchises by locals, and Malaysia’s pension fund is a major investor in that country’s KFC. KFC and Pizza Hut sales are down across the Middle East. American exports of chemicals, pharmaceuticals, aircraft and machinery parts, technology and energy are muc...

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Livestock Roundup: Butterfat Boom

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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.

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