USDA’s Economic Research Service has produced an expansive study entitled, World Agricultural Production, Resource Use, and Productivity, 1961–2020. Its authors examined the period and despite activists calling the food system broken, the researchers emphasized some key successes: “Agricultural output increased nearly fourfold, while the global population grew by 2.6 times, leading to a 53-percent increase in agricultural output per capita between 1961 and 2020. Real food prices declined relative to the general price level, supplying more affordable and diverse diets. Most of the growth in agricultural production was achieved by raising productivity rather than expanding resource use.” Among some of its findi...
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.