There is plenty of division as EU agriculture ministers began debate today on the post-2020 Common Agricultural Policy. Farmers want simplification and no new requirements, but 125 activist groups are demanding something else. SWAT Event Available South Korea will reportedly ban imports of U.S. poultry and eggs after an outbreak of highly pathogenic avian influenza (HPAI) on one farm in Tennessee. Hong Kong and Taiwan will follow the regionalization approach and just ban product from affected states. Peter Navarro, director of the new White House National Trade Council (NTC), said today that his office will be a “SWAT team” to assist U.S. companies with trade problems. A full ban against all U.S. poultry would represent a clear opportunit...
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.