If adding labor to industry groups is a good idea, why not just throw all of the disparate interests onto the same committee and enjoy a literal three-ring circus? Loss of Face This week's Trans-Pacific Partnership (TPP) negotiations in Singapore will not conclude the talks and instead shows a ramping up of leverage. Australia and New Zealand complain that not enough is being offered on market access. Meanwhile, the U.S. has reportedly suggested that the negotiations proceed without Japan, since Tokyo is trying to keep too much protection for sensitive products. The threat is a very harsh attack, but also effective given Japan's sensitivity about honor. Hopefully, it reflects the storm before the calm. Can't We All Just Get Along The po...
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.
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...