The paradigm taught in the 1970’s and 1980’s was that wheat consumption was replacing rice consumption as the former commodity became more available in Asia. However, the actual data covering the past fifty years shows a slight advantage for rice. The average annual percent increase for rice disappearance has been 1.73 percent for rice, versus 1.7 percent for wheat. This could be because more of the population increase has occurred in Asia where rice consumption is more prevalent. The annual change in world population over that same time has been 1.46 percent, so fortunately more rice and wheat calories are being consumed by the larger population. However, the annual percent increase in the consumption of both commodities has b...
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.