World Perspectives

Reorganization and Budget

The current budget situation is only partially the result of the Republicans now controlling both houses of Congress. The White House says that the automatic annual sequestration cuts in play were "never intended to take effect." Intended is the operative word.U.S. congressional Republicans are pushing through appropriations bills that reflect their earlier consensus on an overall budget agreement, the first adopted by the national legislature in over a decade. Because of spending cuts and alternative priorities, not everyone is pleased with this "success," particularly the Obama White House. The Senate bill would wholesale move the Office of the U.S. Trade Representative under the Department of Commerce. The White House objects even though...

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May 25 Corn closed at $4.8175/bushel, down $0.005 from yesterday's close.  May 25 Wheat closed at $5.385/bushel, down $0.1025 from yesterday's close.  May 25 Soybeans closed at $10.295/bushel, down $0.07 from yesterday's close.  May 25 Soymeal closed at $292.9/short ton, down $2...

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Barriers are Good; Squeezed in the Trade War; Calculating the Impacts; Tax is a Tax

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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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