There is plenty of division as EU agriculture ministers began debate today on the post-2020 Common Agricultural Policy. Farmers want simplification and no new requirements, but 125 activist groups are demanding something else. SWAT Event Available South Korea will reportedly ban imports of U.S. poultry and eggs after an outbreak of highly pathogenic avian influenza (HPAI) on one farm in Tennessee. Hong Kong and Taiwan will follow the regionalization approach and just ban product from affected states. Peter Navarro, director of the new White House National Trade Council (NTC), said today that his office will be a “SWAT team” to assist U.S. companies with trade problems. A full ban against all U.S. poultry would represent a clear opportunit...
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.