Wasteful Figures The UK is challenging a European Commission goal of halving food waste by 2020, which is claimed to be 89 million tons annually. Part of the British query is why this is a significant issue. A WPI curiosity is why the European waste number is so much larger than the estimate for their American counterparts. The latest U.S. estimate is 1.8 million tons wasted in processing and retail (excluding waste in home kitchens). Moreover, U.S. industry says that 73 percent of its waste goes to animal feed and 20 percent to fertilizer use. In the end, it is all about economics. There is less waste where food is precious and consequently costs take a larger share of income. That is hardly a desirable policy solution. Precious Meat...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.