With the 2016 election looming, tonight's State of the Union address is expected to have a sustained emphasis on the president's accomplishments. One Obama policy initiative that will gain some attention and Republican support will be the TPP, which of course is a priority for U.S. agriculture.President Obama will deliver his final State of the Union address this evening, approximately one week earlier than is traditional. That essentially means an extra week of 2016 campaign themes this year. The White House is touting tonight’s speech as a reflection “on the road we’ve traveled in the last seven years.” Thus, expect relatively few new policy initiatives and a great deal of recapping of successes, spinning of near successes and blame...
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.