Hot Markets, Precious Land Before Russia invaded Ukraine and sent agricultural commodity markets reeling, the focus was on improving farming’s contribution toward climate mitigation. It is a complicated topic. U.S. farmers have increased their adoption of no-till and the use of cover crops, but they may also have abandoned the practices when they proved financially unsustainable. USDA subsidies for such practices are not enduring and scientists have found that building up soil health with stored carbon, organic matter, improved respiration, and soil structure stability occurs slowly over many years. The Senate passed the Growing Climate Solutions Act by 92-8 vote, but the measure has been stuck in the House over partisan differences...
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.