Argentina: Change of Key Ministers Argentine President Cristina Fernandez de Kirchner refocused on her agenda after resting for more than a month due to health reasons. There were important parliamentary elections in the middle of her rest period and her party suffered losses. This loss of power forced her reappearance, and there were several adjustments to leadership positions in government.President Kirchner announced several changes that could imply that transformations are occurring in policy: Economy Minister Hernan Lorenzino was replaced by the vice minister Axel Kiciloff and Agriculture Minister Norberto Yahuar was replaced by Carlos Casamiquela who comes from the research sector and was the former director of the National Insti...
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.