Planning for Hunger A study in the journal Science models out the impact of a warmer climate on plant pests and warns temperate northern climates that insects will be the largest factor causing a decline in crop yields. The report is important because Malthusian technophobes in Europe are concurrently constraining the use of both plant biotechnological solutions and the use of agro-chemicals. The journal study is reinforced by a more self-serving report funded by CropLife International that notes how EU agricultural productivity has stalled amidst a political process in Europe that limits technology adoption. The upside is that entomophagy will increase in popularity. Trade Policy in Congressional Campaigns U.S. Republican Senate...
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...