Trade Negotiation Weekly U.S. House Ways & Means Subcommittee Chairman Early Blumenauer (D-Oregon) says one of his priorities is WTO reform and this week WTO Director General Roberto Azevêdo will be in Washington to discuss reform of the multilateral system. Also arriving will be Kenyan President Uhuru Kenyatta, reportedly to kickoff negotiation of a bilateral trade deal. Separately, EU Commission President Ursula von der Leyen is receiving criticism for considering reducing technical import barriers to American farm products in exchange for Washington ending its punitive tariffs on European foods. Ultimately, the goal is to remove Mr. Trump’s threat to squeeze German automobile manufacturing with tariffs. Sup...
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.