World Non-Trade Organization The World Trade Organization, emphasis on trade, might be thought of us a forum for reducing tariff and nontariff barriers to trade. However, new WTO Agriculture Committee Chair Gloria Abraham of Costa Rica, laid out her objectives for the 12th Ministerial meeting and market access was said to be an unlikely component for the meeting. Instead, there will be an effort to reach agreement on domestic supports, special safeguard mechanisms (e.g. trade restrictions), and public stockholding to avoid having to import food. Unsustainable Soya EU Commissioner for Health & Food Safety Stella Kyriakides, who doesn’t have environment in her title, nonetheless assured the annual meeting of the Europ...
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.