The rich countries ought to suggest to India that it use a novel feature called the market for solving its sense of food insecurity. Market Solution for Bali It now appears there will not even be a modest trade agreement arising out of next week's WTO Ministerial meeting in Bali. While most countries capitulated to India's demand for a market-distorting food security plan, Pakistan objected since it knew that it would be the first hurt by it. Meanwhile, India was never satisfied that it had achieved the policy space it desired. However, the final nail in the coffin was when developing countries refused to budge on the one thing the rich countries wanted – improved movement of trade at the border. It has been called Trade Facilitation, but...
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...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.