UN Food Summit When the first biannual UN Food Summit occurred back in 2021, it was a hotly competed policy platform between agribusiness and the social activist community. The latter sees the current system as deeply flawed and sought to dismantle the corporate/scale/trade side of the sector. In the end, the UN’s report was fairly muted and life resumed as before. It is the UN after all and lacks any governing real power. Late next month there will be a follow up meeting in what is being termed a stocktaking session. The lead up has been much quieter this time around. The EU will use it as a platform to promote its Farm to Fork/Green Deal approach sustainability. The American delegation will again focus on efficiency as the k...
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.