Missing the Mark Proponents of an agriculture agreement at the WTO Ministerial in November are arguing it is needed to help the approximately 800 million people currently suffering from hunger. However, the cause of their hunger has very little to do with the new rules being proposed. With or without WTO rules, hunger is not a problem in countries with good domestic governance, minimal corruption, and little social strife. At the same time, the enactment of new rules on trade such as larger import safeguards and public stockholding will not end the corruption and poor governance that underlies much hunger where it exists. Not only are these new proposed rules being oversold when it comes to hunger, they will also not help address other mal...
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.
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...