The EU achieved a significant victory in the WTO where a dispute settlement panel ruled that Russia’s import ban on European pigs and pig meat was “disproportionate, discriminatory and not based on science.” Two Ships in the Night (TTIP) The following two statements reveal that both Brussels and Washington recognize that the Transatlantic Trade and Investment Partnership (TTIP) will not be concluded this year and have begun to assign the other with the blame:“The Obama administration is prepared to make every effort to reach an ambitious, comprehensive, high-standard agreement...But if we are going to succeed with TTIP, we need political will on both sides to step up the pace and bring a pragmatic, problem-solving approach to the negotiat...
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.