World Perspectives

Ag Prices Creeping Up, Economic Growth Cratered

There’s been a lot of economic data released this week, most of it bearish and some of it unprecedented. Officially, the U.S. is in a recession, i.e. two quarters in a row of GDP contraction.   Starting in the farm economy, the June Agricultural Prices Received Index (based on 2011) was 89.2. That was up 1 percent from May but down 4.9 percent from June 2019. Compared to May, producers received higher prices in June for milk and broilers and lower prices for hogs, eggs, and corn. In addition to prices, the indexes are influenced by the volume change of commodities that producers market. In June, there was increased monthly movement for wheat and decreased marketing of cattle. Milk prices were up on reduced supplies. The ma...

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North Dakota and Glyphosate

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soy-oilseeds

U.S. Soybean Crush Margin Outlook

U.S. soybean processing margins have seen considerable volatility over the past month as multiple fundamental factors upended global oilseed and product prices. The most obvious influence was the recent trade war and tit-for-tat escalation in tariffs between the U.S. and, which was exacerbated...

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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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