World Perspectives

Draghi versus Strategic Dialogue; Cooking the CVD Books

Draghi versus Strategic Dialogue Mario Draghi issued his long-awaited report on European competitiveness that had been requested by the European Commission. Its content stands in both contrast and conflict with U.S. goals and the Strategic Dialogue just completed on future support for European agriculture.  The Draghi report focuses on boosting European productivity, which the U.S. has consistently outpaced. He suggests an industrial policy focused on investing in “technological sovereignty.” There is specific focus on digitalization, green tech, and defense. Notably, he recognizes that Europe’s General Data Protection Regulation is not only annoying to Americans who now must always click accept all cookies, but it...

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Sow and Cattle Slaughter Dynamics

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Mar 26 Corn closed at $4.4775/bushel, up $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.385/bushel, down $0.02 from yesterday's close.  Jan 26 Soybeans closed at $11.3775/bushel, up $0.0625 from yesterday's close.  Jan 26 Soymeal closed at $318.7/short ton, down $1.7 f...

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Mar 26 Corn closed at $4.4775/bushel, up $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.385/bushel, down $0.02 from yesterday's close.  Jan 26 Soybeans closed at $11.3775/bushel, up $0.0625 from yesterday's close.  Jan 26 Soymeal closed at $318.7/short ton, down $1.7 f...

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Outlook for Cow Numbers Remains Limited

This year’s volatility in beef and cattle prices – particularly in the past two months – has heightened the industry’s interest in what the U.S. cattle herd will look like next year. The border closure with Mexico has certainly shrank cattle-on-feed inventories while str...

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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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