While the MAHA report from Health and Human Services Secretary Robert F. Kennedy, Jr. still cites consolidation in the meat packing sector, Brazil’s competition regulator, the Administrative Council for Economic Defense (CADE), has approved a merger of two major Brazilian meat processors, Marfrig and BRF. That merger would create a new global giant in the protein space. Estimated annual revenues would be $28 billion. The merger proceeded with no restrictions from CADE. The approval will be finalized on 18 June when the window closes for appeals against the finding that the merger does not threaten competition. Shareholders of both companies are scheduled to meet on that day to complete the transaction, which will be done in July. ...
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.