Trump’s China Mystery U.S. President Donald’s Trump’s characterization of his negotiations with the Chinese are not adding up unless Xi’s government is having troubles. He has softened his strategy, and the Chinese are playing nice. He is as unconventional as ever. Mr. Trump’s branded art of the deal is pressure and leverage. He imposed a 90-day limit on the negotiations with Beijing, reflecting a common sense view that there would be no pressure to reach an agreement without a deadline. However, the deadline has now vanished, and he’s holding back on his earlier commitment to impose more tariffs if there is no deal. Instead, he now says, “I’m in no rush. I want the deal to be right.”...
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.