World Perspectives

Pickpocket Economics; Livestock Challenges; Remove the Hurdle; Olive Drab

Pickpocket Economics Some U.S. farm groups are clamoring for more subsidies from U.S. taxpayers, but they are likely to get a less favorable reaction from the new Congress. U.S. government farm payments will hit $17.2 billion this year, the highest level since 2006. American farmers are receiving $9.8 billion in compensation for the adverse effects of Mr. Trump’s trade war, plus there are plans for more subsidies to offset crop damage from hurricanes and wildfires. The trade war has not helped, but it has not been the cause of soft commodity markets. The nearby soybean contract is down 7 percent from a year earlier, but the nearby corn contract is 5 percent higher, and SRW is 14 percent more valuable.   Livestock Challenges E...

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Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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.

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