Demand for the Andean pseudo-cereal quinoa has seen impressive growth and production has expended to meet it. Mushrooms are the new plant-based substitute for meat and production has also grown substantially for the fungus. Meanwhile, tequila demand has grown tremendously but what has not been expanding is the supply of agave to make it. The agave plant requires several years of growth before they begin producing enough sap for distilling into tequila. Agave production has lagged the increase in demand for tequila and consequently, there are too many young plants unable to fulfill the demand by beverage makers. This means watch the labels because the solution is something that is not made from 100 percent agave. In a few years, supply and...
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.