U.S. catfish farmers have spent years attacking the imported competition as being produced with harmful and illegal chemicals. Now a recent finding that has led to a recall is evidence of the proverbial story of the pot calling the kettle black. India’s Example for Trump According to Richard Rossow of the Center for Strategic and International Studies, India’s balance of goods trade has persistently improved for the first time since 1991. He credits the reversal from growing deficits to specific steps by the government of Prime Minister Narendra Modi “to slow India’s trade integration.” These include decelerating bilateral trade talks, postponing implementation of the WTO’s Trade Facilitation Agreement, and expanding local manufacturing r...
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.
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...