World Perspectives

Charting a New Course; Economic Wake

Charting a New Course Former Vice President and now Democratic presidential candidate Joe Biden said this week that President Trump’s trade war tariffs have only hurt American businesses and consumers. However, the U.S. Federal Reserve says the trade war has contributed to a manufacturing slump in many advanced economies, and the flow of goods has slowed. The war is having one effect sought by Mr. Trump, and that is the realignment of supply chains. Such realignment takes time, and there is a slump as the boxes get rearranged. American agriculture leaders are now starting to discuss the long-term damage to the farm commodities as China switches to more permanent sourcing from South America. The investment in the current mass row cro...

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WPI Crop Progress and Conditions App (Updated 25 November)

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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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.

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