Outlook for Negotiation Week China-U.S.: Chinese Vice Minister of Commerce Wang Shouwen meets with U.S. Treasury Under Secretary David Malpass in an effort to set a course for resolving the trade war. Treasury’s involvement may be related to the fact that the tariff war is causing macroeconomic concerns in Asia. However, Malpass also has the advantage of having previously served as the American lead at the National Committee on United States-China Relations. The two sides are unlikely to bridge the wide chasm, and there are fresh rounds of tariffs and retaliatory tariffs in the offing - a $16 billion tranche facing 25 percent tariffs this week and a much larger package next month after public hearings are completed this week in Wash...
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.