World Perspectives
softs

Trade Policy; Change; Labeling Ruse

The Japanese refuse to liberalize rice imports, the Americans won’t budge on sugar subsidies and export credits, and Europe will never accept GMOs or hormones. Never say never. Trade Policy Problems President Barack Obama and Argentine President Mauricio Macri agreed to organize an effort at a bilateral free trade agreement. This comes at a time when political support in the U.S. for free trade is being seriously challenged. The president’s goals in this matter are laudatory but likely create some cognitive dissonance within the body politic. In fact, the underlying problems are competitiveness, unfair foreign trade practices, and public ignorance about both economics and science. President Obama and his successor have a great deal of wor...

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Market Commentary: Corn Falls, Soyoil Rallies on Trump Tariff Plans; Hogs Hit New Highs

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feed-grains soy-oilseeds wheat

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Channeling Hamilton; Gastronationalism Gone Awry; Science Reverts to Nonpartisan; Black Friday Deals

Channeling HamiltonAlexander Hamilton, the first U.S. Secretary of the Treasury, encouraged the Tariff Act of 1789, the Tariff Act of 1790, and the Tariff Act of 1792. He used tariffs to fund the government and protect domestic industries from British exports. President-elect Trump has pledged...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2/bushel, down $0.0475 from yesterday's close. Mar 25 Wheat closed at $5.58/bushel, up $0.0225 from yesterday's close. Jan 25 Soybeans closed at $9.835/bushel, down $0.0225 from yesterday's close. Jan 25 Soymeal closed at $291.4/short ton, down $4.5 from...

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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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