Supply Policies India’s pursuit of public stockholding of food surpluses is an old answer to an even older question – what policy to use to manage supply/demand imbalances. Then there is the issue of the externalities resulting from any of the chosen approaches. Just three countries, Brazil, the U.S. and Argentina, grow 81 percent of the world's soybeans. California grows 80 percent of the world’s almonds. William Galston of the Wall Street Journal posits that the quest for efficiency, like almond production in California, soybeans in Brazil or cheese in Europe, eliminates the redundancies that might otherwise make the food system more resilient. There is no easy answer to the conflict between efficiency and resiliency an...
What You Need to Know Today: Traders are increasingly focused on next Wednesday’s August WASDE report, with corn and soybean yield estimates expected to drive the next major move in grain markets. Recent crop condition declines and late-July heat have increased uncertainty around USDA&rs...
Yesterday the Senate Agriculture Committee held its markup of the “skinny” farm bill, and it was derailed over Democratic opposition to plans for imposing food stamp costs on state governments. The Democrats pushed back on a provision that required states to pick up a larger share o...
Key Takeaways: WPI’s 2025/26 corn export models continue to reflect strong international demand and put the total marketing year volume slightly above USDA’s estimates. Strong old crop corn exports are offset by weaker feed and residual use, leaving ending stocks slightly ele...
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.