Unsustainable Bears At least seven factors in the modern era prevent agriculture from falling to the historic construct of a long-term bear market following a bullish period. The Global Economy versus Oil Prices and the U.S. Dollar The U.S. oil boom and an appreciating U.S. dollar are helping to put the squeeze on the global economy. Low Price Conditions: Yesterday versus Today Market conditions have changed such that grain and oilseed prices are unlikely to remain low for prolonged periods of time. Soybean Prices Headed South The past eight years saw record growth in global soybean demand, but the recent sharp decline in prices is the market's way of signaling farmers to slow or reduce plantings. Commodity Market Review Weather an...
President Trump has opened the door to 100,000 MT of beef lean trimmings (limited to HTS codes 0201.30.5091, 0201.30.5097, 0202.30.5091, and 0202.30.5097) from countries listed under the “Other Countries” TRQ effective 1 September. These imports would not be subject to the over-quot...
Key Takeaways: CHS and OCP plan to invest up to $450 million in a Louisiana phosphate fertilizer facility capable of producing more than 1 MMT annually, marking the first new U.S. plant of its kind in more than 40 years. The facility could reduce U.S. dependence on imported finished phosphate...
A Small Industry Tied to a Global Benchmark The U.S. wool industry is small by global standards but heavily export-dependent, with roughly 60 percent of U.S. wool leaving the country each year. Australia, by contrast, dominates world wool trade. Because the U.S. lacks a deep domestic auction ma...
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.