Minimal Consolidation Seeing the Biden Administration’s rhetorical claim to be prosecuting consolidation in agribusiness, some farmer advocates are claiming a similar effort is needed to stem the loss of farmers. Like the charge of antitrust in agribusiness, the teeth gnashing over the number of farmers rings hollow. Over seventy percent of all farm losses occurred before 1974, driven out by automation. During the past eight years, the number of U.S. farms has declined at less than one-half percent per year. During that period, the average farm size grew just 2.3 percent (0.29 percent per year) and has not changed at all in the past couple of years. Missing from the discussion is the growth in the number of smaller farms, especially...
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...