World Perspectives

Mis-Analyze and Mis-Diagnose

Sometimes officials overlook their own agency’s data and then misdiagnose a problem. This week, FAO Director General Qu Dongyu announced that 2021 would be the “Year of Fruits and Vegetables” as a gesture to promote increased consumption of these products. He then claimed that high levels of waste in these products were the result of “perishable products and complex supply chains.” But the data suggest otherwise. Using the FAO’s own data, global fruit and vegetable production has been outpacing the increase in population by more than double (see graph below). Other data show that consumption has been increasing and not just production. Secondly, long or complex supply chains have become fodder for politi...

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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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