Reap What you Sow French President Emmanuel Macron withdrew his ambassadors to the U.S. and Australia over the shift of a submarine purchase from his country to Britain and America. He is reportedly livid that such a commercial loss could occur as he seeks re-election. Yet he supports a special and targeted tax on American technology companies at the same time his government wants to stop imports of American soybeans and demands the achievement of domestic food “sovereignty.” Energy Poverty Policymakers have bungled the effort to address climate change by constricting the use of fossil fuels before ensuring the availability of affordable alternatives. Now they are about to double down with stricter definitions of sustainabili...
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.