World Perspectives

Trade Spat Between China and EU

When President Biden announced higher Section 232 tariffs on a list of Chinese goods (see WPI 14 May) anxieties were raised over possible retaliation (see WPI 10 June). Right now, the EU is on the leading edge of the tariff tit-for-tat. Yesterday, China announced its Ministry of Commerce would begin an anti-dumping (AD) investigation into pork from the EU. The period of investigation is 2023. This comes after the EU placed countervailing duties on Chinese cars of 38 percent.  The outbreak and recovery of ASF in China, along with the impact on pork demand from COVID and post-COVID’s slow recovery has made the market a bit of a roller coaster. In 2022, imports of pork and pork offal fell by 42.8 percent as China rebuilt its hog...

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Livestock Industry Margins

Beef packer margins weakened further, with estimated net losses widening to -$233/head. While boxed beef values continued to firm, gains were outpaced by higher fed cattle prices, pressuring gross margins despite stable carcass weights and drop values. Packer profitability remains well below se...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Surge as Trumps Says China in for Another 8 MMT

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Herrington Becomes President of World Perspectives, Inc.

Washington, DC—World Perspectives, Inc. (WPI) is a leading agricultural market analysis and consulting firm making a leadership transition marking an important milestone in the firm’s development. After years of distinguished service as President & CEO, Gary Blumenthal has stepp...

livestock

Livestock Industry Margins

Beef packer margins weakened further, with estimated net losses widening to -$233/head. While boxed beef values continued to firm, gains were outpaced by higher fed cattle prices, pressuring gross margins despite stable carcass weights and drop values. Packer profitability remains well below se...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Surge as Trumps Says China in for Another 8 MMT

There are days in the commodity markets when it feels like nothing is happening in any market, and then there are days when it feels like everything is happening in every market. Today was one of the latter days.  The big headline in ag trade Wednesday was the soybean futures and broader s...

Herrington Becomes President of World Perspectives, Inc.

Washington, DC—World Perspectives, Inc. (WPI) is a leading agricultural market analysis and consulting firm making a leadership transition marking an important milestone in the firm’s development. After years of distinguished service as President & CEO, Gary Blumenthal has stepp...

Disingenuous Ag Letter

Leaders of the U.S. House and Senate Agriculture Committees received a letter (See Attached) yesterday from more than two dozen “former” private sector leaders of the American agriculture sector. Many previously represented farmers who have been staunch supporters of President Trump...

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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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