World Perspectives

Greed versus Apathy

President Biden and his economic team attacked the U.S. meat industry this year for being greedy. Meanwhile, he has politely asked the oil industry to please produce more product so that gasoline prices fall. Note that Tyson’s stock price versus a year ago is down 4.7 percent while Exxon Mobile is up 47 percent. The definition of greed is an intense and selfish desire for something, especially wealth and power, so presumably it takes greed to run and win the presidency.  Meanwhile, one could say greed is occurring in China, where that single nation hoards half the world’s supply of surplus grains. Meanwhile, it has failed to even come close to the purchases of U.S. goods it agreed to under the Phase One trade agreement. Th...

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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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