U.S. agriculture and other sectors have filed suit against the Obama administration's efforts to regulate the waters of the U.S. (WOTUS), and now environmentalists say they've found the smoking gun to attack the regulation for giving away too much to industry. Sweet Bellwether A possible indication of how low the bar is to achieve a "21st century trade agreement" is the U.S. Trade Representative's (USTR's) assurance to the U.S. sugar industry that, "We are not doing anything in TPP that will undermine the U.S. sugar program." At this juncture, the huge price disparity between the U.S. domestic market and the world market is evidenced by the high volume of sugar flowing illegally (outside of a previously negotiated antidumping suspension a...
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.