Why Inflation is Real The debate amongst economists as to whether the current spike in inflation is transitory or a longer lasting trend is almost entirely focused on supply chain equilibration. Recovery from the pandemic-induced economic coma is uneven and various suppliers are struggling to align with a resurgence in demand. However, the policy agenda of eliminating greenhouse gas emissions will be inherently inflationary. A new report by the Rockefeller Foundation argues that food costs will triple if the sector is to address adverse health impacts (obesity), climate change and biodiversity losses. Factoring in environmental, social and governance (ESG) factors is costly and European officials are crafting border taxes to protect...
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.