Greenpeace's latest report on biotechnology may be welcomed by those already inclined against biotech but it will be scoffed at by those already using it. GIs versus Biologics Powerful Senate Finance Committee Chairman Orrin Hatch (R-Utah) is angry that U.S. invented biologic drugs receive just five years of intellectual property protection under the TPP, and he is in a position to greatly frustrate ratification of the agreement in Congress. The treatment of biologics in TPP raises a broader question: why does the intellectual property value of American invented pharmaceuticals only receive five years of protection under the TPP but, if the EU’s demand in TTIP is agreed, food identified by its historic name would obtain permanent exclusiv...
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...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.