Get What You Beget It started with geographic indicators, then it moved on to country of origin labeling even for products made within the EU’s “single” market, next came calls for food sovereignty, though that is aimed at stopping food imports from third country suppliers. Now the Czech’s have taken food nationalism to its logical conclusion – local food consumption mandates. The lower house of the Czech Parliament approved legislation mandating that 55 percent of the food sold in larger grocery stores must be of Czech origin. That number grows to 73 percent in 2028. The legislation one-ups the Canadian approach of making foreign wine simply too difficult to find in a store, let alone be affordable. The Czech...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.