The U.S. is the largest producer and consumer of turkey meat in the world. U.S. turkey production equates to 45 percent of the world’s total and while global trade is small, it is usually supplied by American producers. Production typically peaks in October as suppliers seek to fill the outsized demand of a single day, the Thanksgiving holiday in November. While the annual expansion in turkey production has been averaging 1.3 percent, production thus far in 2020 is down 1.33 percent from 2019. No doubt COVID has had its implications. At the same time, families will likely be gathering by Zoom this year, which means turkey demand will be spread across more households. This is likely to mean higher prices as a lower supply chases...
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.