New Jersey Election Over – Animal Welfare Politics Ongoing Republican Governor Chris Christie was re-elected in New Jersey to a second term this month. The overwhelmingly Democratic legislature passed a gestation crate ban for the state where swine production is minimal. Nonetheless, the bill was popular and passed both the Senate 29-4 and the House 60-5. Governor Christie vetoed that ban this summer. Now that he is re-elected after facing no real challenge during the election, animal rights groups are stirring the issue again. They claim that Christie vetoed the popular bill in New Jersey so that he would be viable in the Iowa caucuses should he decide to run for President. A vote to override the veto is scheduled for 18 November in t...
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.