World Perspectives

Activists Lose; AI Hurdles; Chevron and Biofuels

Activists Lose As of this week, there are 136 statewide ballot measures to be voted on this November in 39 different states. That is down more than 15 percent from the average for an even-numbered year election. Notably, there are no initiatives being considered that relate to activists’ favorite agriculture issues, like animal welfare, or corporate farming. Instead, South Dakotans will consider removing the state sales tax on food, and Florida and South Dakota will consider legalizing marijuana. Activists are also having less luck pushing corporations to adopt their positions against conventional agriculture. After the DEI fiascos, companies are keen to avoid politics. AI Hurdles U.S. farmers enthusiastically adopted precision agr...

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Summary of Futures

Dec 25 Corn closed at $4.17/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.15/bushel, down $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.2525/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $285.8/short ton, down $3.2...

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FOB Prices and Freight Rates App (Updated 10 September)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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