Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, has suggested that American’s may have to “bite the bullet and sacrifice” the traditional Thanksgiving dinner celebration this year – as he noted his family will. What does that warning – about 40 days before the holiday – mean for turkey demand? If the Thanksgiving demand is changed this year because of COVID, there presumably would be a demand for more but smaller birds due to fewer extended gatherings and more small gatherings. Turkey production, like broilers and red meat, has been dealing with COVID already. Turkey breast meat is dependent on food service demand, and the placement of toms has slowe...
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: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...