Australia is experiencing record fire danger and, at the time of writing this report, has over 100 wildfires. Firefighters have struggled to cope with dozens of fires that are continuing to burn out of control. The weather forecast offers little hope for improvement. Fire stories have dominated local news, with the prime minister and respective state premiers actively engaging the media. The fires have particularly affected the states of New South Wales, Victoria and the island state of Tasmania.Australia recently posted record high temperatures, exceeding the previous record for "average maximum temperatures" for six consecutive days. These record hot days in January follow dry conditions in November and December. Fires also have been assi...
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.
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...