Election fever is at high pitch in the U.S. with the Congressional mid-terms just one week from tomorrow. At stake is a likely change in party control of the House of Representatives and potentially the Senate. This comes as the farm bill will be on the docket in 2023. But in Brazil, the Presidential election happened yesterday. Former president Luiz Inácio “Lula” da Silva defeated incumbent Jair Bolsonaro 50.9 percent to 49.1 percent. This was a run-off election among the top two vote getters in the initial round of voting where no candidate got 50 percent of the vote. Among 11 total candidates in round one, Lula garnered 48.43 percent of the vote while Bolsonaro received 43.2 percent of the vote. Rea...
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.
Corn Argentina Argentina's corn harvest has reached 52.9 percent of the national harvestable area, with an average yield of 8.15 MT/ha. Harvest continues at a moderate pace because of high grain and field moisture, particularly across central and southern Buenos Aires Province. Over the past se...
As Cuba's economic crisis has deepened, discussions about the country's eventual economic and political transition have reemerged. One question that inevitably follows is what opportunities might emerge for U.S. agricultural exports. So, here’s a brief review of those opportunities, but n...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...