Risky Strategy Some Congressional and Taiwanese officials are convinced that House Speaker Nancy Pelosi will visit Taiwan this week. The U.S. Navy has reportedly moved assets closer to the island after Beijing warned of military retaliation. Meanwhile, the Senate Foreign Relations Committee will take up legislation on Wednesday (The Taiwan Policy Act) that will further stoke Chinese animosity as it elevates Formosa’s diplomatic status and increases the U.S. commitment to military sales. Whether she lands on the island or not, there is a growing Congressional interest in picking fights with China, which is unlikely to be contained to East Asia and could last years. If recent diplomatic skirmishes are any indication, Western dem...
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.