World Perspectives

Watching Brazil’s Elections

The U.S. mid-term Congressional election is five weeks away; one election that much of agriculture is watching is Brazil’s Presidential race. In the first round of voting – among 11 total candidates – former President Luiz Inacio Lula da Silva (Lula) garnered 48.43 percent of the vote while incumbent President Jair Bolsonaro received 43.2 percent of the vote. With neither candidate getting a majority of 50 percent (plus one), the election now moves to a runoff on 30 October.   Bolsonaro’s electoral base is in the south and west of the country including most all of the key agricultural states, while Lula’s is in the north and east. The one ag state that Lula won was Minas Gerias; the rest went to Bols...

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wheat

WASDE Wheat - Feb 2026

USDA’s outlook for 2025/26 U.S. wheat is unchanged for exports and slightly higher ending stocks to 931 million bushels - 9 percent higher than last year and the largest since 2019/20. The projected 2025/26 season-average farm price remains at $4.90 per bushel.  The global outlook fo...

soy-oilseeds

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feed-grains

WASDE Corn - Feb 2026

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Argentina Beef Imports Outlook for 2026

At the 2026 Cattle Industry Convention, Secretary of Health and Human Services Robert F. Kennedy, Jr., urged producers to expand the beef herd in a “fireside chat” with National Cattlemen’s Beef Association (NCBA) President Buck Wehrbein. Kennedy, however, acknowledged that he...

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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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