Although income inequality was heightened by the Great Recession and has statistically tempered, it remains a major policy concern. The outcome of research by McKinsey & Company about its cause will not please everyone. Sweet is Sweet McDonald’s, the world’s largest hamburger fast food chain, announced that it would switch from high fructose corn syrup to sugar in its hamburger buns and also stop using milk produced with rbST supplementation. It included the helpful caveat that there has been “no significant difference shown between milk from RbST-treated and non-rbST-treated cows.” The company could have added that the one scientific consensus is that over-consumption of sweeteners, whether the source is corn, beets or cane, creates...
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...
What You Need to Know Today: Wholesale inflation was flat in July, with the Producer Price Index (PPI) unchanged versus expectations for a 0.2 percent increase. Core PPI rose 0.2 percent, also below expectations. The softer inflation data has reduced the odds of a September interest rate incre...
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.