Transatlantic Course Setting U.S. President Donald Trump and EU Commission President Ursula von der Leyen discussed a new effort at a transatlantic trade agreement in Davos this week. Instead of leading with tariffs, Mr. Trump said he does not believe they will be necessary since “We expect to be able to make a deal with Europe.” Perhaps his first step should be complete transparency over what a deal between the two partners would look like, and why. The two parties can ultimately negotiate behind closed doors but building public understanding and ultimately obtaining support requires knowledge about the hurdles to trade and their remedies. Brussels intends to publish each member state’s National Energy and Climate Plan,...
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.