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It’s More Than Food

In Japan, rice has been called the essence of culture; it has meant more than just food, though food security is the basis for policy interventions to protect it. Despite the nostalgia and market controls, rice on paddy fields is declining, giving way to more profitable wheat and soybeans that previously grew on terraced land. The government itself wants production to decline further as domestic consumption has fallen. Increasingly, rice is being used as animal feed, which likely would have caused an uproar in the past unless the grains were damaged.  There is sympathy in North Dakota where farmers are abandoning traditional wheat production and replacing it with more profitable corn and soybean production.  ...

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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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