Russian President Vladimir Putin complains that NATO is a threat to Russia and seeks a buffer to establish states but the nations he wants to isolate from the west are all more frightened of Russian authority. Russia is literally driving the buffer states to want to join NATO. Similarly, the more that President Xi Jinping cracks down on the Chinese people, the less other nations want to see the ascendency of China. The west is not perfect in this backdrop. Eastern European nations want to join NATO, but NATO is only as strong as its weakest links. Too many NATO members are free riders when it comes to the expenditures necessary to make the alliance powerful. While China and Russia appear to be coordinating efforts at disrupting the w...
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.