World Perspectives
biofuel energy softs

Round-Up: Farm Bill, Government Shutdown, Ethanol

Shutdown As both parties attempt to shift blame on the federal government shutdown, House Majority Leader Eric Cantor (R-Virginia) is considering going back to the strategy he used to get the farm bill and the nutrition-only bill through the House – craft narrowly drafted appropriations bills (like splitting the farm and nutrition bills) and pass them with Republican votes only to get to the measures before the Democratic majority-controlled Senate. That process could start this weekend and the bills would be targeted to key issues. To date, Senate Majority Leader Harry Reid (D-Nevada) has refused to appoint conferees on the continuing resolution measures sent by the House, because the various versions contain language to reform or def...

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May 26 Corn closed at $4.54/bushel, up $0.0175 from yesterday's close.  May 26 Wheat closed at $5.9525/bushel, down $0.03 from yesterday's close.  May 26 Soybeans closed at $11.6675/bushel, up $0.0325 from yesterday's close.  May 26 Soymeal closed at $316.6/short ton, up $1.4 fro...

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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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