World Perspectives

2018 Trade Policy

Donald Trump upended conventional trade policy in 2017, but there are critical deadlines in 2018 that will reveal the wisdom or calamity of his ways. While agriculture is one U.S. sector lamenting the direction that has been set, the sheer size of the American economy makes trade disruptions less impactful. China Washington laid the groundwork in 2017 for some major trade remedy actions against China in 2018. Some question whether Mr. Trump will really threaten the $600 billion trading relationship with the Middle Kingdom. American soybean growers certainly have much to fear, but others note that the U.S. is not alone in its criticism of Beijing’s mercantilist ways. The EU just issued a study on China’s “socialist market...

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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