The present Congress has not accomplished very much in the nine months it has been seated in no small part because its members have been spending so much time attacking or defending President Donald Trump. The latest issue is a July phone call between President Trump and Ukrainian president Volodmyr Zelensky in which Trump asked President Zelensky to “look into” the private activities of former Vice President Joe Biden and his son in Ukraine implying that such an investigation could be a quid pro quo for a U.S. economic and military aid package for Ukraine. To ask a high ranking foreign official to investigate a potential 2020 election opponent is highly questionable behavior, and to imply that a needed aid package might...
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.