Commodities and Elections Financial and commodity indicators correlate with elections, but there is a more important conclusion. Soy Prices Fail to Ration Demand Soybean production declined in the U.S., Argentina, Brazil and Paraguay in 2012 because of drought, and as a result U.S. soybean and soymeal prices have reached record levels this year. However, USDA is forecasting global soybean consumption will rise in 2012/13. The Farm Bill and the Election Will the farm bill -- or lack thereof -- be a factor in the 2012 election? Don’t bet on it. The U.S. Ethanol Market’s Unstable Future The Renewable Fuel Standard was the U.S. government’s attempt to influence the free market. By building a faulty business structure,...
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.
What You Need to Know Today: Corn and soybeans were under heavy selling pressure as weaker (or at least as-expected) export demand runs into an accelerating harvest pace with more grain available in the spot market. Corn and soybean harvest progress remains below average across the U.S., espec...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...