World Perspectives

Pigs Fly; TPP Brick Wall

The U.S. House Appropriations Committee approved a bill funding agriculture for FY 2017, and the effort included a couple of notable fights.The U.S. House Appropriations Committee approved a bill funding agriculture for FY 2017, and the effort included a couple of notable fights:Healthy Food Mandate: The committee adopted a measure that would block USDA from requiring retailers to stock a larger amount of staples (fresh foods, including perishable) in order to be able to accept food stamps. The goal of USDA’s requirement is to better ensure poorer people’s access to healthier foods. Opponents argue it puts an excessive burden on retailers and may drive them out of accepting food stamps, hurting the poor more. Proponents defend it as a small...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4725/bushel, down $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, down $0.1775 from yesterday's close.  May 26 Soybeans closed at $11.62/bushel, up $0.0375 from yesterday's close.  May 26 Soymeal closed at $314.1/short ton, up $2.3...

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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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