Polycisis or Minicrisis Adam Tooze is a fantastic historian and his characterization of a polycrisis whereby the globe suffers from a thousand interconnected cuts is compelling theater. If the end of the world genre is your cup of tea, there is also Peter Zeihan’s latest book, The End of the World is Just the Beginning. All these approaches, however, share a common attribute – they require us to suspend the economic theory of rational decision-making. U.S.-China relations is red meat for politicians, but statesmen have quickly walked back from decoupling to de-risking to now diversifying. During the academic year 2018-19, nearly 400 million Chinese were being educated in the U.S. Those returning to China harbor no ill-will.&nbs...
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.