World Perspectives

TPP; Food Demand; Turnips

France’s National Association of Food Industries (ANIA) has reportedly asked the public's opinion about what they want from food processors and retailers. The French and American consumer experiences may be slightly different, but they share some common denominators. TPP Text Reaction to the release today of the Trans-Pacific Partnership (TPP) agreement text was relatively quiet. One would have expected opponents to be out swinging with comments such as “It is even worse than we thought!” Taking the time to absorb its 30 chapters and more than 2,000 pages is a good sign. Moreover, the Obama administration has prepared a full-on explanation, including 16 pages of maps and figures highlighting how U.S. agriculture will benefit. Nonetheless,...

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Summary of Futures

May 26 Corn closed at $4.4725/bushel, down $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, down $0.1775 from yesterday's close.  May 26 Soybeans closed at $11.62/bushel, up $0.0375 from yesterday's close.  May 26 Soymeal closed at $314.1/short ton, up $2.3...

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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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