Day Late and... After years of talk, the UN Food & Agriculture Organization has an initiative to develop a common standard for measuring livestock agriculture's "carbon footprint" in order to develop measures for reducing it. The effort comes just as politicians in Europe and the U.S. are developing plans to reduce the amount of money spent on agricultural conservation/sustainability practices. GMOpathy The EU is tasking a European Socio-Economic Bureau to study the socio-economic impacts of genetically modified crops. Now that Brussels is on a path to allow the banning of GM crops for likely WTO-illegal socio-economic reasons, it is probably time to study them. There is likely no effort to study the socio-economic impacts of the...
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.
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...