The WTO’s annual Public Forum is being held this week, and the theme is how to create an open and inclusive trading system for all. However, it is more social than economic policy. WTO Sideshows The WTO’s annual Public Forum is being held this week, and the theme is how to create an open and inclusive trading system for all. However, it is more social than economic policy. There are sessions on gender equality, sustainability, making trade fair, Small and Medium-Sized Enterprises (SMEs), Sustainable Development Goals (SDGs), and social dialogue. The implication is that these are the hurdles to further liberalizing trade – the underlying objective of the organization. Some may be constraining factors on the margin, but the larger hurdle is...
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.