While we still have a Christmas wish list, it no longer includes things like ice skates, a Lincoln Log set and a cowboy suit. Is our current wish list a better one?When we were very young, our keen anticipation of Christmas usually kept us secretly awake until very late on Christmas Eve. We were anxious to see if Santa received the letter we sent to the North Pole with the list of wished-for presents. So much has changed since then. While we still have a Christmas wish list, it no longer includes things like ice skates, a Lincoln Log set and a cowboy suit. Is our current wish list a better one, or does it simply reflect the fact that we have become greatly older and wise enough to know that we would look silly in a cowboy suit? Whatever the...
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.