Transatlantic Frustrations It is difficult to imagine a successful Transatlantic Trade and Investment Partnership (TTIP) given that the two sides find so many ways to be different:European regulators are charging that CFTC Chairman Gary Gensler has violated the spirit and letter of the way forward agreement on financial regulation by extraterritorially regulating the Europe-based affiliates of American companies. The matter is bound to become part of the TTIP negotiations and should be part of the Senate confirmation hearing debate on Gensler's proposed successor at the CFTC, Timothy Massad.Meanwhile, CropLife America issued a report charging that Europe's approach of merely identifying potential hazards, instead of completing an actua...
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...