A fire broke out at JBS’ beef packing plant in Grand Island, Nebraska late Sunday night. The fire was reportedly caused by a boiler exploding in the rendering section of the plant. Local news reports cited the Grand Island Fire Department as saying the roof was on fire around 10 PM Sunday night. The Grand Island Fire Department’s twitter feed reported fourth and fifth alarms were issued by 12:28 AM Monday morning. JBS said on Facebook that “fabrication and slaughter A and B shift will not be working September 13, 2021”. The fire comes as JBS was investing nearly $100 million in to expand the plant’s capacity. The fire will likely be a major issue for the U.S. beef and cattle industry and WPI will c...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.