The House will not complete the fiscal 2015 agriculture appropriations bill until next week, but already there have been some harmful amendments adopted. Unchlorinated Danger The EU has refused to import U.S. chicken treated with the anti-pathogen chlorine. Now Germany's Federal Institute for Risk Assessment together with independent food safety research organizations has reported that chlorine as a pathogen treatment is: a) completely safe and b) should be used in Germany as this would reduce the extensive problems with pathogens in its own poultry sector. TPP without TPA House Republicans are warning that the Trans-Pacific Partnership (TPP) agreement will die if President Obama does not first push for and obtain the expedited Congress...
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.
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...