Ruling on Smithfield/Counter Offer The U.S. Committee for Foreign Investment in the U.S. (CFIUS) could rule as soon as tomorrow on the Shuanghui International offer for Smithfield Foods. The Treasury Department-administered CFIUS took an extra 45 days to consider the purchase, which would be the largest acquisition of a U.S. company by a Chinese company. Tomorrow is the end of that period. The bottom-line from the deal is that Shuanghui will import pork from Smithfield operations in the U.S .and Smithfield assures that no Chinese pork will enter the U.S. CFIUS reviews such foreign finance acquisitions on national security grounds. Expectations are that commodity pork exports as well as Shuanghui's interest in Smithfield's procedures an...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.