Heading into next week’s (mercifully) planned USDA Crop Production and WASDE reports, a key focus of the markets has been forecasting the agency’s yield numbers. Over the past five years, USDA has exhibited a tendency to reduce its forecast of the corn and soybean yield, harve...
Trade was once again at the forefront of the CBOT’s trade on Wednesday, with reductions in Chinese tariffs, rumors of Chinese buying, and a dimming political outlook for President Trump’s tariff regime being the most salient factors. China announced today that it will cut tari...
IEEPA Alternatives The U.S. Supreme Court heard oral arguments today challenging President Trump’s use of the International Emergency Economic Powers Act (IEEPA) to unilaterally set tariffs on ther countries. Mr. Trump characterized the High Court’s decision as involving, “lit...
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.