Coming out of the food shortages of WWII, Roger Waters asks in the Pink Floyd album Another Brick in the Wall, “How can you have any pudding if you don't eat yer meat?” Smithfield CEO Kenneth Sullivan feels equally passionate about keeping his meat packing plants running. He urged regulators to help work through keeping the meat flowing “because it’s essential to life…there’s only one option there.” Animal rights activists/vegetarians will assure that life is possible without meat, but its absence will worry people that it is the start of real hardship. Reportedly, concern about food shortages has already emerged in the net-food importing countries in the Persian Gulf region. Access to food...
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 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...