Food Sovereignty at the Top EU Agriculture Commissioner Janusz Wojciechowski thinks free trade and specialization are the problems in modern agriculture. He told a conference that “Agrodiversity is very important and we will support farmers who decide not to have one direction of production…Some sectors in agriculture need to supply the animals across Europe, feed from across oceans, seasonal workers from outside the EU, and they are looking for the market in China… This is not good for food security.” Ironically, the EU’s geographic indicators policy is the height of the specialization that the Commissioner now sees as deleterious to the environment. Moreover, specialization and open borders is what has ena...
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.