Congress has a number of critical issues that it must address by the end of this year. Add to that the pressing problems in Puerto Rico, which is facing short-term liquidity and long-run economic crises.Congress has a number of critical issues that it must address by the end of this year. There is of course the matter of finding someone to be speaker of the House, a constitutionally-required office. The new speaker will then cut his teeth on negotiating a budget deal to fund the government through FY 2016. The federal government’s current funding runs out 5 December. At about that time, Congress will have to extend the debt limit for federal borrowing. Add to that the pressing problems in Puerto Rico, which is facing short-term liquid...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.