Nestlé’s subsidiary in Mexico, Grupo Nestlé Mexico, has made a commitment that is one more example of trade policy moving in the wrong direction.. U.S.-India Bilateral New Delhi has surprisingly agreed to a bilateral meeting in Washington late next month to discuss trade, intellectual property rights (IPR), and immigration issues. India sells twice as much to the U.S. as it purchases in American products, largely because of its skewed trade policy. U.S. Trade Representative Robert Lighthizer is likely to have a long laundry list of India’s import and export restrictions along with their distorting impacts. India, meanwhile, will discuss toughening U.S. visa requirements for its technology workers. The meeting could lead to an excellent ex...
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.