World Perspectives

Issues to Watch

The Senate is back in session today, and the House returns tomorrow. Congress will deal with unfinished legislative matters, but the administration also has several key issues to settle before the end of CY 2018. Appropriations - The federal government is operating under a short-term funding authorization that expires 7 December. Congress must pass the full FY 2019 appropriations to avoid a partial shutdown, which would include USDA. To date, both the House and Senate have passed five of the 12 regular appropriations bills, but those for USDA and FDA are not among them. As a result, the Defense, Health and Human Services, Labor, Education, and Veterans Affairs Departments are funded through 30 September 2019. The most likely path forward...

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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 “How To”...

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feed-grains soy-oilseeds wheat

Market Commentary: Risk is Priced In — But Not Yet Believed

Key Market Developments Macro/Geopolitics:  Markets are staring down a deadline tonight as President Donald Trump pushes Iran to reopen the Strait of Hormuz by 8:00 PM Eastern. So far, Iran has rejected the U.S.-backed ceasefire proposal — reportedly delivered through Pakistan &mdash...

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Hormuz Strategy China has been assisting Iran under a 25-year strategic agreement that has 90 percent of Iranian crude going to the Middle Kingdom. Iran is not currently blocking tankers passing through the Strait and on their way to China. At the same time, China is providing Iran with dual-us...

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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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